Rural Funds Group (OTCMKTS:RFNDF – Get Free Report) shares traded down 0.7% during mid-day trading on Thursday . The stock traded as low as $1.42 and last traded at $1.42. 400 shares were traded during mid-day trading, a decline of 66% from the average session volume of 1,167 shares. The stock had previously closed at $1.43.
Rural Funds Group Price Performance
The company has a 50-day moving average of $1.41 and a 200-day moving average of $1.32.
Rural Funds Group Company Profile
Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties. RFF is a stapled security, incorporating Rural Funds Trust (ARSN 112 951 578) and RF Active (ARSN 168 740 805).
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