Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Stock Price Down 1.7% – Here’s Why

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report)’s stock price was down 1.7% during trading on Thursday . The stock traded as low as C$12.40 and last traded at C$12.40. Approximately 100 shares traded hands during trading, a decline of 99% from the average daily volume of 11,543 shares. The stock had previously closed at C$12.61.

Primaris Real Estate Investment Trust Stock Down 1.7%

The stock has a 50 day moving average of C$14.32 and a 200 day moving average of C$12.08.

Primaris Real Estate Investment Trust Company Profile

(Get Free Report)

Primaris Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and acquiring retail properties. The trust’s portfolio is anchored by neighbourhood and regional shopping centres, often featuring grocery store and necessity-based tenants that generate stable foot traffic. By concentrating on retail real estate, Primaris aims to deliver predictable income streams through long-term leases with credit-worthy tenants.

The company’s core activities include property management, leasing and asset management services.

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