NewLake Capital Partners, Inc. (OTCMKTS:NLCP – Get Free Report)’s share price rose 0.1% during trading on Monday . The stock traded as high as $14.97 and last traded at $14.87. Approximately 20,516 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 43,758 shares. The stock had previously closed at $14.86.
NewLake Capital Partners Stock Up 0.1%
The firm’s 50-day moving average is $14.37 and its 200 day moving average is $15.73.
About NewLake Capital Partners
NewLake Capital Partners, Inc is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases and funding for build-to-suit projects. NewLake owns a portfolio of 31 properties comprised of 14 cultivation facilities and 17 dispensaries that are leased to single tenants on a triple-net basis.
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