Plaza Retail REIT (OTCMKTS:PAZRF) Trading Up 5.6% – Here’s Why

Plaza Retail REIT (OTCMKTS:PAZRF – Get Free Report) was up 5.6% on Monday . The company traded as high as $3.20 and last traded at $3.20. Approximately 112 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 5,400 shares. The stock had previously closed at $3.03.

Plaza Retail REIT Price Performance

The stock’s 50 day moving average is $3.16 and its two-hundred day moving average is $3.11.

About Plaza Retail REIT

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Plaza Retail REIT is a Canadian real estate investment trust that specializes in the ownership, development and management of retail properties. Headquartered in Toronto, the trust was established in 2005 and operates under a REIT structure designed to generate stable, recurring income through long-term leases with retail tenants.

The company’s core business activities include the acquisition of grocery-anchored shopping centres, tenant relationship management and the strategic redevelopment of existing retail assets.

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