Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report)’s stock price dropped 1.5% during trading on Monday . The stock traded as low as C$14.30 and last traded at C$14.30. 57,575 shares traded hands during trading, an increase of 268% from the average session volume of 15,625 shares. The stock had previously closed at C$14.52.
Primaris Real Estate Investment Trust Stock Performance
The company has a 50 day moving average of C$14.08 and a two-hundred day moving average of C$13.80.
About Primaris Real Estate Investment Trust
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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