MERLIN Properties SOCIMI (OTCMKTS:MRPRF) Trading Down 4.1% – Should You Sell?

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRFGet Free Report) dropped 4.1% during mid-day trading on Friday . The stock traded as low as $10.07 and last traded at $10.07. 200 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 1,324 shares. The stock had previously closed at $10.50.

MERLIN Properties SOCIMI Trading Down 4.1 %

The firm has a fifty day simple moving average of $10.74 and a 200-day simple moving average of $11.32.

About MERLIN Properties SOCIMI

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MERLIN Properties SOCIMI, SA (MC:MRL) is the largest real estate company trading on the Spanish Stock Exchange. Specialized in the development, acquisition and management of commercial property in the Iberian region. MERLIN Properties mainly invests in offices, shopping centers, logistics facilities and data centers, within the Core and Core Plus segments, forming part of the benchmark IBEX-35, Euro STOXX 600, FTSE EPRA/NAREIT Global Real Estate, GPR Global Index, GPR-250 Index, MSCI Small Caps indices and DJSI.

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