Plaza Retail REIT (OTCMKTS:PAZRF – Get Free Report)’s stock price dropped 0.3% during trading on Thursday . The stock traded as low as $3.70 and last traded at $3.70. Approximately 56,400 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 47,850 shares. The stock had previously closed at $3.71.
Plaza Retail REIT Stock Performance
The business’s 50 day moving average price is $3.37 and its two-hundred day moving average price is $3.21.
About Plaza Retail REIT
Plaza Retail REIT is a Canadian real estate investment trust that specializes in the ownership, development and management of retail properties. Headquartered in Toronto, the trust was established in 2005 and operates under a REIT structure designed to generate stable, recurring income through long-term leases with retail tenants.
The company’s core business activities include the acquisition of grocery-anchored shopping centres, tenant relationship management and the strategic redevelopment of existing retail assets.
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