Plaza Retail REIT (OTCMKTS:PAZRF) Trading 6.6% Higher – Here’s What Happened

Plaza Retail REIT (OTCMKTS:PAZRF) shares traded up 6.6% during trading on Monday . The company traded as high as $3.2338 and last traded at $3.2302. 5,000 shares changed hands during trading, a decline of 7% from the average session volume of 5,400 shares. The stock had previously closed at $3.03.

Plaza Retail REIT Trading Up 6.6%

The stock’s 50-day moving average price is $3.11 and its 200 day moving average price is $3.05.

Plaza Retail REIT Company Profile

Plaza Retail REIT is a Canadian real estate investment trust that specializes in the ownership, development and management of retail properties. Headquartered in Toronto, the trust was established in 2005 and operates under a REIT structure designed to generate stable, recurring income through long-term leases with retail tenants.

The company’s core business activities include the acquisition of grocery-anchored shopping centres, tenant relationship management and the strategic redevelopment of existing retail assets.