Rural Funds Group (OTC:RFNDF – Get Free Report)’s stock price traded down 0.8% on Wednesday . The company traded as low as 1.09 and last traded at 1.24. 16,200 shares changed hands during mid-day trading, an increase of 238% from the average session volume of 4,795 shares. The stock had previously closed at 1.25.
Rural Funds Group Price Performance
The business’s 50-day moving average price is 1.31 and its two-hundred day moving average price is 1.31.
Rural Funds Group Company Profile
Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties.
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