MERLIN Properties SOCIMI (OTCMKTS:MRPRF) Trading 4.5% Higher

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRFGet Free Report)’s share price shot up 4.5% during mid-day trading on Wednesday . The stock traded as high as $11.25 and last traded at $11.25. 500 shares changed hands during trading, a decline of 62% from the average session volume of 1,317 shares. The stock had previously closed at $10.77.

MERLIN Properties SOCIMI Stock Performance

The stock has a fifty day simple moving average of $11.50 and a 200-day simple moving average of $10.68.

MERLIN Properties SOCIMI Company Profile

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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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