Nexus Industrial REIT (OTCMKTS:EFRTF) Trading 1.9% Higher – Here’s What Happened

Nexus Industrial REIT (OTCMKTS:EFRTFGet Free Report)’s stock price was up 1.9% during mid-day trading on Thursday . The company traded as high as $5.78 and last traded at $5.78. Approximately 100 shares changed hands during trading, a decline of 100% from the average daily volume of 22,583 shares. The stock had previously closed at $5.67.

Analysts Set New Price Targets

Separately, Scotiabank reissued a “sector perform” rating on shares of Nexus Industrial REIT in a research note on Tuesday, August 26th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on EFRTF

Nexus Industrial REIT Trading Up 1.9%

The business has a fifty day simple moving average of $5.57 and a 200 day simple moving average of $5.60.

About Nexus Industrial REIT

(Get Free Report)

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area.

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