Killam Apartment REIT (OTCMKTS:KMMPF – Get Free Report) fell 4% on Tuesday . The company traded as low as $11.58 and last traded at $11.58. 129 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 265 shares. The stock had previously closed at $12.06.
Killam Apartment REIT Price Performance
The company’s 50-day simple moving average is $12.43 and its 200-day simple moving average is $13.44.
Killam Apartment REIT Company Profile
Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.
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