Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report)’s share price was up 1.2% during mid-day trading on Wednesday . The company traded as high as C$13.83 and last traded at C$13.83. Approximately 11,643 shares changed hands during trading, a decline of 23% from the average daily volume of 15,048 shares. The stock had previously closed at C$13.67.
Primaris Real Estate Investment Trust Stock Performance
The business’s 50 day simple moving average is C$12.72 and its 200-day simple moving average is C$12.69.
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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