Rural Funds Group (OTC:RFNDF – Get Free Report)’s share price traded up 16% on Tuesday . The company traded as high as 1.11 and last traded at 1.11. 12,900 shares were traded during mid-day trading, an increase of 143% from the average session volume of 5,314 shares. The stock had previously closed at 0.96.
Rural Funds Group Trading Up 16.0 %
The firm’s fifty day moving average price is 1.16 and its 200-day moving average price is 1.28.
About Rural Funds Group
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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