Vicinity Centres (OTCMKTS:CNRAF) Trading Up 23% – Time to Buy?

Vicinity Centres (OTCMKTS:CNRAFGet Free Report) shot up 23% during trading on Tuesday . The company traded as high as $1.10 and last traded at $1.10. 2,000 shares were traded during mid-day trading, a decline of 85% from the average session volume of 13,675 shares. The stock had previously closed at $0.89.

Vicinity Centres Price Performance

The company’s 50 day moving average price is $1.03 and its two-hundred day moving average price is $1.17.

Vicinity Centres Company Profile

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Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property.

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