Region Group (OTCMKTS:SCPAF) Stock Price Down 26% – Here’s Why

Shares of Region Group (OTCMKTS:SCPAFGet Free Report) traded down 26% during mid-day trading on Friday . The company traded as low as $1.48 and last traded at $1.48. 500 shares were traded during trading, an increase of 150% from the average session volume of 200 shares. The stock had previously closed at $2.00.

Region Group Trading Down 26.0 %

The business has a fifty day moving average price of $2.00 and a 200 day moving average price of $1.91.

About Region Group

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Region Group (RGN) includes two internally managed real estate investment trusts owning a portfolio of convenience-based retail properties located across Australia. Region invests in retail properties predominantly anchored by non-discretionary retailers, with long leases to tenants such as Woolworths Limited, Coles Limited and companies in the Wesfarmers Limited group.

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