Shares of Crombie Real Estate Investment Trust (OTCMKTS:CROMF – Get Free Report) rose 0.3% during trading on Monday . The company traded as high as $11.53 and last traded at $11.53. Approximately 3,400 shares changed hands during trading, a decline of 62% from the average daily volume of 8,983 shares. The stock had previously closed at $11.49.
Crombie Real Estate Investment Trust Price Performance
The stock’s fifty day simple moving average is $11.18 and its 200-day simple moving average is $10.90.
About Crombie Real Estate Investment Trust
Crombie Real Estate Investment Trust is a Canada-focused, unincorporated open-ended real estate investment trust that owns and manages a diversified portfolio of retail, office and industrial properties. Headquartered in Nova Scotia, Crombie REIT concentrates on convenience-based retail properties, often anchored by grocery stores and service-oriented retailers. Its properties range from small format neighbourhood centres to larger community shopping centres that serve both urban and suburban markets.
The trust’s portfolio is geographically diversified across several Canadian provinces, including Atlantic Canada, Ontario, Quebec and Western Canada.
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