Rural Funds Group (OTC:RFNDF – Get Free Report)’s share price traded down 12.7% during trading on Tuesday . The stock traded as low as 1.10 and last traded at 1.10. 6,700 shares were traded during trading, an increase of 32% from the average session volume of 5,061 shares. The stock had previously closed at 1.26.
Rural Funds Group Trading Down 12.7 %
The company has a 50-day moving average of 1.29 and a 200 day moving average of 1.32.
Rural Funds Group Company Profile
Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties.
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