Slate Grocery REIT (OTCMKTS:SRRTF – Get Rating)’s stock price traded up 2.2% during mid-day trading on Monday . The company traded as high as $11.36 and last traded at $11.36. 13,949 shares were traded during mid-day trading, an increase of 63% from the average session volume of 8,547 shares. The stock had previously closed at $11.12.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets downgraded Slate Grocery REIT from an “outperform” rating to a “market perform” rating in a research note on Monday, July 4th.
Slate Grocery REIT Trading Up 2.2 %
The company has a 50 day moving average of $11.23 and a 200-day moving average of $11.90.
About Slate Grocery REIT
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.
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