Killam Apartment REIT (OTCMKTS:KMMPF) Shares Down 4% – Time to Sell?

Killam Apartment REIT (OTCMKTS:KMMPFGet Free Report) shares fell 4% on Tuesday . The stock traded as low as $11.58 and last traded at $11.58. 129 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 265 shares. The stock had previously closed at $12.06.

Killam Apartment REIT Trading Down 4.0 %

The business has a 50 day simple moving average of $12.43 and a two-hundred day simple moving average of $13.44.

About Killam Apartment REIT

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Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.

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