MERLIN Properties SOCIMI (OTCMKTS:MRPRF) Shares Up 1.6% – Here’s Why

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRFGet Free Report) traded up 1.6% during mid-day trading on Thursday . The company traded as high as $12.70 and last traded at $12.70. 12,192 shares traded hands during mid-day trading, an increase of 517% from the average session volume of 1,977 shares. The stock had previously closed at $12.50.

MERLIN Properties SOCIMI Price Performance

The firm has a fifty day moving average of $11.98 and a 200-day moving average of $11.26.

MERLIN Properties SOCIMI Company Profile

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MERLIN Properties SOCIMI, SA (MC:MRL) is the largest real estate company trading on the Spanish Stock Exchange. Specialized in the development, acquisition and management of commercial property in the Iberian region. MERLIN Properties mainly invests in offices, shopping centers, logistics facilities and data centers, within the Core and Core Plus segments, forming part of the benchmark IBEX-35, Euro STOXX 600, FTSE EPRA/NAREIT Global Real Estate, GPR Global Index, GPR-250 Index, MSCI Small Caps indices and DJSI.

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