Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report) shares shot up 2.4% on Tuesday . The stock traded as high as $11.76 and last traded at $11.7250. 21,461 shares traded hands during trading, an increase of 55% from the average session volume of 13,849 shares. The stock had previously closed at $11.45.
Slate Grocery REIT Stock Performance
The firm’s 50 day moving average is $11.36 and its 200 day moving average is $11.04.
About Slate Grocery REIT
Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.
The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.
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