Crombie Real Estate Investment Trust (OTCMKTS:CROMF) Stock Price Up 0.4% – Time to Buy?

Crombie Real Estate Investment Trust (OTCMKTS:CROMFGet Free Report) shares were up 0.4% during mid-day trading on Monday . The stock traded as high as $12.45 and last traded at $12.45. Approximately 2,065 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 18,904 shares. The stock had previously closed at $12.3962.

Crombie Real Estate Investment Trust Trading Up 0.4%

The stock’s fifty day moving average is $12.38 and its 200-day moving average is $12.03.

About Crombie Real Estate Investment Trust

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Crombie Real Estate Investment Trust is a Canada-focused, unincorporated open-ended real estate investment trust that owns and manages a diversified portfolio of retail, office and industrial properties. Headquartered in Nova Scotia, Crombie REIT concentrates on convenience-based retail properties, often anchored by grocery stores and service-oriented retailers. Its properties range from small format neighbourhood centres to larger community shopping centres that serve both urban and suburban markets.

The trust’s portfolio is geographically diversified across several Canadian provinces, including Atlantic Canada, Ontario, Quebec and Western Canada.

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