Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF – Get Free Report)’s stock price shot up 0.9% during trading on Thursday . The stock traded as high as $11.50 and last traded at $11.50. 18,861 shares were traded during trading, an increase of 67% from the average session volume of 11,265 shares. The stock had previously closed at $11.40.
Choice Properties Real Estate Investment Trust Trading Up 0.9%
The company’s fifty day moving average is $11.00 and its two-hundred day moving average is $10.75.
About Choice Properties Real Estate Investment Trust
Choice Properties Real Estate Investment Trust is a Canada-based, open-ended real estate investment trust established in 2012 by Loblaw Companies Limited. It was created to acquire, own, develop and manage a diversified portfolio of retail, industrial and commercial properties across Canada. The Trust’s sponsor relationship with Loblaw provides a steady source of quality tenants, anchored primarily by grocery and pharmacy banners.
The Trust’s core business activities include the leasing of grocery-anchored shopping centres, the ownership of industrial and logistics properties and the strategic development of mixed-use and residential projects.
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