Shares of Presidio Property Trust, Inc. (NASDAQ:SQFTP – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $6.69 and traded as high as $6.86. Presidio Property Trust shares last traded at $6.7640, with a volume of 496 shares.
Presidio Property Trust Trading Up 5.5%
The firm’s fifty day moving average is $6.58 and its 200 day moving average is $6.69.
About Presidio Property Trust
Presidio Property Trust, Inc is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial and residential real estate. Its properties have historically included office buildings, retail centers, industrial facilities, multifamily communities and model homes.
The company’s strategy is focused on acquiring, operating and, when appropriate, disposing of income-producing properties in selected U.S. markets. Through its real estate portfolio, Presidio seeks to generate rental income from business tenants, retailers, apartment residents and other occupants.
Presidio Property Trust was formerly known as NetREIT, Inc and adopted its current name in 2020.
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