Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report) shot up 0.4% on Monday . The company traded as high as C$14.15 and last traded at C$14.15. 60,551 shares were traded during mid-day trading, an increase of 286% from the average session volume of 15,702 shares. The stock had previously closed at C$14.10.
Primaris Real Estate Investment Trust Price Performance
The business’s fifty day moving average is C$13.49 and its two-hundred day moving average is C$13.39.
Primaris Real Estate Investment Trust Company Profile
Primaris Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and acquiring retail properties. The trust’s portfolio is anchored by neighbourhood and regional shopping centres, often featuring grocery store and necessity-based tenants that generate stable foot traffic. By concentrating on retail real estate, Primaris aims to deliver predictable income streams through long-term leases with credit-worthy tenants.
The company’s core activities include property management, leasing and asset management services.
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