Plaza Retail REIT (OTCMKTS:PAZRF) Shares Up 6.6% – Still a Buy?

Plaza Retail REIT (OTCMKTS:PAZRFGet Free Report)’s share price shot up 6.6% during trading on Monday . The company traded as high as $3.2338 and last traded at $3.2302. 5,000 shares were traded during trading, a decline of 7% from the average session volume of 5,400 shares. The stock had previously closed at $3.03.

Plaza Retail REIT Stock Performance

The business has a fifty day moving average of $3.12 and a 200 day moving average of $3.05.

About Plaza Retail REIT

(Get Free Report)

Plaza Retail REIT is a Canadian real estate investment trust that specializes in the ownership, development and management of retail properties. Headquartered in Toronto, the trust was established in 2005 and operates under a REIT structure designed to generate stable, recurring income through long-term leases with retail tenants.

The company’s core business activities include the acquisition of grocery-anchored shopping centres, tenant relationship management and the strategic redevelopment of existing retail assets.

Read More

Receive News & Ratings for Plaza Retail REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plaza Retail REIT and related companies with MarketBeat.com's FREE daily email newsletter.