Maxus Realty Trust (OTCMKTS:MRTI) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Friday, ValuEngine reports.
Shares of OTCMKTS:MRTI opened at $120.11 on Friday. The stock’s fifty day moving average is $127.01. Maxus Realty Trust has a 12 month low of $102.00 and a 12 month high of $140.00.
Maxus Realty Trust Company Profile
Maxus Realty Trust, Inc, a real estate investment trust REIT, makes equity investments in real estate properties in the United States. The company primarily invests in multifamily housing properties. As of June 30, 2005, it operated eight apartment communities. The company has elected to be treated as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal income tax, if it distributes at least 90 taxable income to its shareholders.
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