Shares of MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRF – Get Free Report) rose 8.8% during trading on Thursday . The company traded as high as $13.17 and last traded at $13.17. Approximately 901 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 1,345 shares. The stock had previously closed at $12.10.
MERLIN Properties SOCIMI Stock Performance
The firm’s 50-day simple moving average is $11.47 and its two-hundred day simple moving average is $11.19.
MERLIN Properties SOCIMI Company Profile
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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