Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Trading Down 1.7% – Should You Sell?

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report) shares traded down 1.7% during trading on Thursday . The stock traded as low as C$12.40 and last traded at C$12.40. 100 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 11,543 shares. The stock had previously closed at C$12.61.

Primaris Real Estate Investment Trust Stock Performance

The stock’s 50-day moving average is C$14.32 and its 200 day moving average is C$12.08.

About Primaris Real Estate Investment Trust

(Get Free Report)

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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