Region Group (OTCMKTS:SCPAF) Trading Down 4.8% – Here’s Why

Shares of Region Group (OTCMKTS:SCPAFGet Free Report) fell 4.8% during trading on Thursday . The company traded as low as $1.41 and last traded at $1.41. 115 shares changed hands during trading, a decline of 43% from the average session volume of 200 shares. The stock had previously closed at $1.48.

Region Group Trading Down 4.8 %

The firm’s 50-day simple moving average is $1.46 and its two-hundred day simple moving average is $1.78.

About Region Group

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Region Group (RGN) includes two internally managed real estate investment trusts owning a portfolio of convenience-based retail properties located across Australia. Region invests in retail properties predominantly anchored by non-discretionary retailers, with long leases to tenants such as Woolworths Limited, Coles Limited and companies in the Wesfarmers Limited group.

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