Plaza Retail REIT (OTCMKTS:PAZRF) Stock Price Up 1% – Here’s What Happened

Plaza Retail REIT (OTCMKTS:PAZRFGet Free Report) shares were up 1% on Thursday . The company traded as high as $3.17 and last traded at $3.1301. Approximately 32,300 shares traded hands during trading, an increase of 143% from the average daily volume of 13,267 shares. The stock had previously closed at $3.0980.

Analyst Ratings Changes

Separately, Desjardins restated a “buy” rating on shares of Plaza Retail REIT in a research note on Wednesday, December 3rd. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

View Our Latest Analysis on Plaza Retail REIT

Plaza Retail REIT Stock Performance

The stock has a 50-day moving average of $3.05 and a 200-day moving average of $3.01.

Plaza Retail REIT Company Profile

(Get Free Report)

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.

Further Reading

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