Nexus Industrial REIT (OTCMKTS:EFRTF – Get Free Report) shares dropped 2.4% on Tuesday . The stock traded as low as $6.00 and last traded at $6.00. Approximately 2,200 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 5,450 shares. The stock had previously closed at $6.15.
Nexus Industrial REIT Price Performance
The firm’s 50 day moving average price is $6.35 and its 200-day moving average price is $5.66.
About Nexus Industrial REIT
Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area.
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