Shares of True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF – Get Free Report) shot up 3% on Friday . The company traded as high as $6.28 and last traded at $6.28. Approximately 256 shares traded hands during trading, a decline of 79% from the average daily volume of 1,217 shares. The stock had previously closed at $6.0950.
True North Commercial Real Estate Investment Trust Price Performance
The firm’s fifty day moving average price is $6.01 and its 200-day moving average price is $6.21.
About True North Commercial Real Estate Investment Trust
True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) is a Canadian real estate investment trust that acquires, owns and manages income-producing commercial properties. Based in Calgary, Alberta, the trust’s portfolio is diversified across grocery-anchored retail centers, industrial warehouses, office buildings and big-box retail facilities. True North structures long-term lease agreements with both investment-grade tenants and established local operators, seeking to deliver stable rental income and preserve capital value.
Since its initial public offering, True North has expanded its holdings through a series of targeted acquisitions in key provincial markets.
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