Scentre Group (OTCMKTS:STGPF – Get Free Report) shares shot up 2.8% during mid-day trading on Tuesday . The stock traded as high as $2.7250 and last traded at $2.7250. Approximately 111 shares traded hands during trading, a decline of 99% from the average session volume of 12,946 shares. The stock had previously closed at $2.65.
Scentre Group Price Performance
The stock has a 50 day moving average price of $2.63 and a 200-day moving average price of $2.65.
Scentre Group Company Profile
Scentre Group is a real estate investment trust specializing in the ownership, development and operation of retail destination complexes under the Westfield brand. The company’s primary activities include property acquisition, development of new retail extensions and refurbishments, leasing and asset management. Its portfolio comprises a diversified mix of retail, dining and entertainment offerings designed to drive foot traffic and enhance shopper engagement.
Formed in 2014 following the strategic restructuring of the former Westfield Group, Scentre Group inherited the integrated Westfield shopping centre portfolio in Australia and New Zealand.
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