Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Shares Up 336.5% – Here’s Why

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report)’s stock price traded up 336.5% during trading on Tuesday . The stock traded as high as C$46.44 and last traded at C$46.44. 6,028 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 3,979 shares. The stock had previously closed at C$10.64.

Primaris Real Estate Investment Trust Price Performance

The firm’s 50-day moving average is C$11.41 and its 200 day moving average is C$11.19.

About Primaris Real Estate Investment Trust

(Get Free Report)

Primaris Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and acquiring retail properties. The trust’s portfolio is anchored by neighbourhood and regional shopping centres, often featuring grocery store and necessity-based tenants that generate stable foot traffic. By concentrating on retail real estate, Primaris aims to deliver predictable income streams through long-term leases with credit-worthy tenants.

The company’s core activities include property management, leasing and asset management services.

Further Reading

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