Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report) shares shot up 2.2% on Friday . The company traded as high as C$13.40 and last traded at C$13.39. 30,397 shares traded hands during trading, an increase of 158% from the average session volume of 11,777 shares. The stock had previously closed at C$13.10.
Primaris Real Estate Investment Trust Stock Up 2.2%
The stock has a 50 day moving average price of C$15.01 and a 200-day moving average price of C$12.29.
Primaris Real Estate Investment Trust Company Profile
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.
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