Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Shares Down 1.8% – Time to Sell?

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report) shares traded down 1.8% on Tuesday . The stock traded as low as C$10.78 and last traded at C$10.78. 60,504 shares traded hands during trading, an increase of 487% from the average session volume of 10,315 shares. The stock had previously closed at C$10.98.

Primaris Real Estate Investment Trust Price Performance

The business’s 50 day simple moving average is C$10.72 and its two-hundred day simple moving average is C$11.13.

About Primaris Real Estate Investment Trust

(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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