PRO Real Estate Investment Trust (CVE:PRV.UN) Stock Price Up 0.4% – Here’s Why

Shares of PRO Real Estate Investment Trust (CVE:PRV.UN) traded up 0.4% during trading on Tuesday . The company traded as high as C$2.30 and last traded at C$2.30. 80,531 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 103,855 shares. The stock had previously closed at C$2.29.

Analyst Upgrades and Downgrades

Separately, Raymond James dropped their price objective on shares of PRO Real Estate Investment Trust from C$6.50 to C$6.25 in a report on Monday, January 13th.

PRO Real Estate Investment Trust Stock Performance

The company has a fifty day simple moving average of C$2.30 and a 200-day simple moving average of C$2.30.

PRO Real Estate Investment Trust Company Profile

PROREIT is an unincorporated open-ended real estate investment trust owning a diversified portfolio of 84 commercial properties across Canada representing over 3.7 million square feet of gross leasable area. Established in 2013, PROREIT is mainly focused on strong secondary markets in Quebec, Atlantic Canada and Ontario, with selective exposure in Western Canada.