Rural Funds Group (OTCMKTS:RFNDF – Get Free Report) rose 6.5% during trading on Monday . The stock traded as high as $1.47 and last traded at $1.47. 1,420 shares changed hands during trading, an increase of 33% from the average session volume of 1,065 shares. The stock had previously closed at $1.38.
Rural Funds Group Stock Performance
The stock’s 50-day simple moving average is $1.41 and its two-hundred day simple moving average is $1.39.
About Rural Funds Group
Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties. RFF is a stapled security, incorporating Rural Funds Trust (ARSN 112 951 578) and RF Active (ARSN 168 740 805).
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