Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Stock Price Down 4.7% – What’s Next?

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report) was down 4.7% during mid-day trading on Thursday . The stock traded as low as C$10.25 and last traded at C$10.25. Approximately 826 shares were traded during trading, a decline of 71% from the average daily volume of 2,873 shares. The stock had previously closed at C$10.75.

Primaris Real Estate Investment Trust Trading Down 4.7 %

The business has a fifty day simple moving average of C$10.96 and a 200 day simple moving average of C$10.97.

Primaris Real Estate Investment Trust Company Profile

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Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.

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