Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Shares Up 0.1% – Time to Buy?

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report)’s stock price shot up 0.1% during mid-day trading on Tuesday . The stock traded as high as C$11.21 and last traded at C$11.21. 437 shares were traded during mid-day trading, a decline of 85% from the average session volume of 2,868 shares. The stock had previously closed at C$11.20.

Primaris Real Estate Investment Trust Stock Performance

The business’s 50-day moving average price is C$11.61 and its two-hundred day moving average price is C$10.57.

About Primaris Real Estate Investment Trust

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Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform.

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