Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Shares Down 3.3% – What’s Next?

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report) shares traded down 3.3% on Wednesday . The company traded as low as C$10.98 and last traded at C$10.98. 858 shares were traded during mid-day trading, a decline of 69% from the average session volume of 2,729 shares. The stock had previously closed at C$11.35.

Primaris Real Estate Investment Trust Price Performance

The stock’s 50 day moving average price is C$11.37 and its 200-day moving average price is C$10.75.

Primaris Real Estate Investment Trust Company Profile

(Get Free Report)

Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.

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