Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Shares Up 0.1% – Time to Buy?

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report)’s share price shot up 0.1% during mid-day trading on Tuesday . The company traded as high as C$11.21 and last traded at C$11.21. 437 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 2,868 shares. The stock had previously closed at C$11.20.

Primaris Real Estate Investment Trust Price Performance

The stock’s fifty day simple moving average is C$11.61 and its 200-day simple moving average is C$10.56.

Primaris Real Estate Investment Trust Company Profile

(Get Free Report)

Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.

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