Shares of Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report) fell 3.3% during mid-day trading on Wednesday . The stock traded as low as C$10.98 and last traded at C$10.98. 858 shares changed hands 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 business’s 50-day simple moving average is C$11.44 and its 200 day simple moving average is C$10.74.
Primaris Real Estate Investment Trust Company Profile
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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