Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Shares Down 4.7% – Should You Sell?

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report) traded down 4.7% on Thursday . The stock traded as low as C$10.25 and last traded at C$10.25. 826 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 2,873 shares. The stock had previously closed at C$10.75.

Primaris Real Estate Investment Trust Price Performance

The firm has a fifty day simple moving average of C$10.94 and a 200 day simple moving average of C$10.98.

Primaris Real Estate Investment Trust Company Profile

(Get Free Report)

Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.

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