Region Group (OTCMKTS:SCPAF) Shares Down 4.8% – What’s Next?

Region Group (OTCMKTS:SCPAFGet Free Report) shares traded down 4.8% on Thursday . The company traded as low as $1.41 and last traded at $1.41. 115 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 200 shares. The stock had previously closed at $1.48.

Region Group Stock Performance

The company has a 50-day simple moving average of $1.45 and a 200-day simple moving average of $1.77.

About Region Group

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Region Group (RGN) includes two internally managed real estate investment trusts owning a portfolio of convenience-based retail properties located across Australia. Region invests in retail properties predominantly anchored by non-discretionary retailers, with long leases to tenants such as Woolworths Limited, Coles Limited and companies in the Wesfarmers Limited group.

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