Shares of Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report) dropped 1.6% on Wednesday . The company traded as low as C$14.71 and last traded at C$14.71. 65,079 shares traded hands during trading, an increase of 127% from the average daily volume of 28,700 shares. The stock had previously closed at C$14.96.
Primaris Real Estate Investment Trust Stock Performance
The business has a fifty day simple moving average of C$15.79 and a 200 day simple moving average of C$14.54.
Primaris Real Estate Investment Trust Company Profile
Primaris Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and acquiring retail properties. The trust’s portfolio is anchored by neighbourhood and regional shopping centres, often featuring grocery store and necessity-based tenants that generate stable foot traffic. By concentrating on retail real estate, Primaris aims to deliver predictable income streams through long-term leases with credit-worthy tenants.
The company’s core activities include property management, leasing and asset management services.
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