Rural Funds Group (OTC:RFNDF) Shares Down 1.2%

Rural Funds Group (OTC:RFNDFGet Rating)’s stock price dropped 1.2% during mid-day trading on Thursday . The stock traded as low as 1.69 and last traded at 1.69. Approximately 1,800 shares traded hands during trading, a decline of 49% from the average daily volume of 3,539 shares. The stock had previously closed at 1.71.

Rural Funds Group Stock Down 1.2 %

The company has a 50-day moving average price of 1.65.

Rural Funds Group Company Profile

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Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties.

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