Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF – Get Free Report) shares shot up 0.1% on Thursday. The company traded as high as $10.91 and last traded at $10.91. Approximately 52,337 shares changed hands during trading, a decline of 18% from the average session volume of 64,095 shares. The stock had previously closed at $10.90.
Analyst Upgrades and Downgrades
Separately, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Choice Properties Real Estate Investment Trust in a report on Friday, July 24th. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock has an average rating of “Buy”.
Get Our Latest Stock Report on PPRQF
Choice Properties Real Estate Investment Trust Stock Up 0.1%
The stock has a 50 day moving average of $10.70 and a two-hundred day moving average of $11.24.
Choice Properties Real Estate Investment Trust Company Profile
Choice Properties Real Estate Investment Trust is a Canadian real estate investment trust that owns, manages and develops a diversified portfolio of income-producing properties. Its portfolio is primarily centered on grocery-anchored and necessity-based retail properties, along with office, industrial and mixed-use developments.
The trust’s retail properties are commonly anchored by grocery and pharmacy locations operated by Loblaw Companies Limited and Shoppers Drug Mart, as well as other retailers and service providers.
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