Primaris Real Estate Investment Trust (OTCMKTS:PMREF) Shares Up 0.4% – Here’s Why

Primaris Real Estate Investment Trust (OTCMKTS:PMREFGet Free Report)’s stock price rose 0.4% during trading on Monday . The stock traded as high as C$14.15 and last traded at C$14.15. Approximately 60,551 shares traded hands during mid-day trading, an increase of 286% from the average daily volume of 15,702 shares. The stock had previously closed at C$14.10.

Primaris Real Estate Investment Trust Stock Up 0.4%

The firm has a 50 day moving average price of C$13.49 and a 200 day moving average price of C$13.39.

About Primaris Real Estate Investment Trust

(Get Free Report)

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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