Scentre Group (OTCMKTS:STGPF – Get Free Report)’s stock price traded down 3.3% during mid-day trading on Wednesday. The company traded as low as $2.5150 and last traded at $2.5150. Approximately 125 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 10,473 shares. The stock had previously closed at $2.60.
Scentre Group Stock Performance
The stock has a 50 day moving average price of $2.62 and a 200 day moving average price of $2.60.
Scentre Group Company Profile
Scentre Group is an Australian-listed real estate company that owns, develops and manages Westfield destinations across Australia and New Zealand. Its portfolio is centered on large shopping and lifestyle destinations that combine retail, dining, entertainment, services and community-focused experiences.
The company works with retailers, hospitality operators and other commercial tenants while providing property management, leasing, development and asset-enhancement services. Scentre Group’s activities also include investing in and redeveloping its existing destinations to support changing consumer and tenant needs.
Scentre Group was established in 2014 following the demerger of Westfield Group’s Australian and New Zealand operations.
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