Shares of Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report) were up 2.2% during trading on Friday . The company traded as high as C$13.40 and last traded at C$13.39. Approximately 30,397 shares changed hands during trading, an increase of 158% from the average daily volume of 11,777 shares. The stock had previously closed at C$13.10.
Primaris Real Estate Investment Trust Trading Up 2.2%
The company has a fifty day simple moving average of C$15.01 and a 200-day simple moving average of C$12.29.
About Primaris Real Estate Investment Trust
Primaris Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and acquiring retail properties. The trust’s portfolio is anchored by neighbourhood and regional shopping centres, often featuring grocery store and necessity-based tenants that generate stable foot traffic. By concentrating on retail real estate, Primaris aims to deliver predictable income streams through long-term leases with credit-worthy tenants.
The company’s core activities include property management, leasing and asset management services.
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