Crombie Real Estate Investment Trust (OTCMKTS:CROMF) Trading 0.7% Higher – Should You Buy?

Crombie Real Estate Investment Trust (OTCMKTS:CROMFGet Free Report) was up 0.7% on Tuesday . The stock traded as high as $11.90 and last traded at $11.90. Approximately 306,425 shares changed hands during trading, an increase of 491% from the average daily volume of 51,877 shares. The stock had previously closed at $11.82.

Crombie Real Estate Investment Trust Stock Up 0.7%

The stock has a fifty day moving average of $11.43 and a 200-day moving average of $11.02.

About Crombie Real Estate Investment Trust

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Crombie Real Estate Investment Trust is a Canada-focused, unincorporated open-ended real estate investment trust that owns and manages a diversified portfolio of retail, office and industrial properties. Headquartered in Nova Scotia, Crombie REIT concentrates on convenience-based retail properties, often anchored by grocery stores and service-oriented retailers. Its properties range from small format neighbourhood centres to larger community shopping centres that serve both urban and suburban markets.

The trust’s portfolio is geographically diversified across several Canadian provinces, including Atlantic Canada, Ontario, Quebec and Western Canada.

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