Scentre Group (OTCMKTS:STGPF – Get Free Report) shares dropped 7.5% on Monday . The stock traded as low as $2.45 and last traded at $2.45. 1,000 shares traded hands during trading, a decline of 92% from the average session volume of 12,036 shares. The stock had previously closed at $2.65.
Scentre Group Stock Down 7.5%
The stock’s fifty day simple moving average is $2.69 and its 200-day simple moving average is $2.64.
Scentre Group Company Profile
Scentre Group is a real estate investment trust specializing in the ownership, development and operation of retail destination complexes under the Westfield brand. The company’s primary activities include property acquisition, development of new retail extensions and refurbishments, leasing and asset management. Its portfolio comprises a diversified mix of retail, dining and entertainment offerings designed to drive foot traffic and enhance shopper engagement.
Formed in 2014 following the strategic restructuring of the former Westfield Group, Scentre Group inherited the integrated Westfield shopping centre portfolio in Australia and New Zealand.
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