Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Stock Price Up 3.5% – Here’s Why

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report)’s share price was up 3.5% during trading on Wednesday . The stock traded as high as C$10.90 and last traded at C$10.90. Approximately 117 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 4,321 shares. The stock had previously closed at C$10.53.

Primaris Real Estate Investment Trust Trading Up 3.5%

The business’s fifty day simple moving average is C$10.94 and its 200-day simple moving average is C$10.81.

About Primaris Real Estate Investment Trust

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Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.

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