Shares of True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF – Get Free Report) dropped 2.2% during mid-day trading on Monday . The company traded as low as $6.33 and last traded at $6.33. Approximately 526 shares changed hands during trading, a decline of 50% from the average daily volume of 1,048 shares. The stock had previously closed at $6.47.
True North Commercial Real Estate Investment Trust Stock Down 2.2%
The stock has a fifty day moving average of $6.42 and a 200 day moving average of $6.57.
True North Commercial Real Estate Investment Trust Company Profile
True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) is a Canadian real estate investment trust that acquires, owns and manages income-producing commercial properties. Based in Calgary, Alberta, the trust’s portfolio is diversified across grocery-anchored retail centers, industrial warehouses, office buildings and big-box retail facilities. True North structures long-term lease agreements with both investment-grade tenants and established local operators, seeking to deliver stable rental income and preserve capital value.
Since its initial public offering, True North has expanded its holdings through a series of targeted acquisitions in key provincial markets.
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