First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) Stock Price Up 3.1% – Here’s Why

First Capital Real Estate Investment Trust (OTCMKTS:FCXXFGet Free Report)’s stock price rose 3.1% during trading on Thursday . The stock traded as high as $14.45 and last traded at $14.43. Approximately 400 shares changed hands during trading, a decline of 17% from the average daily volume of 480 shares. The stock had previously closed at $14.00.

First Capital Real Estate Investment Trust Price Performance

The company’s 50-day simple moving average is $13.72 and its 200-day simple moving average is $13.71.

About First Capital Real Estate Investment Trust

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First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) is a Canadian real estate investment trust focused on the ownership, development and management of retail properties. The trust’s portfolio primarily comprises grocery-anchored and necessity-based shopping centres that serve urban and suburban neighbourhoods across Canada. By concentrating on properties with stable, long-term lease profiles and essential service offerings, First Capital REIT aims to provide consistent occupancy and rental revenue streams.

Established in 2012 through a strategic spin-off from an existing Canadian property group, First Capital REIT has grown its holdings through acquisitions, selective developments and joint-venture partnerships.

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