Crombie Real Estate Investment Trust (OTCMKTS:CROMF) Stock Price Down 0.8% – Time to Sell?

Crombie Real Estate Investment Trust (OTCMKTS:CROMF)’s stock price dropped 0.8% during trading on Wednesday . The stock traded as low as $11.70 and last traded at $11.80. Approximately 359 shares changed hands during trading, a decline of 99% from the average daily volume of 47,897 shares. The stock had previously closed at $11.90.

Crombie Real Estate Investment Trust Price Performance

The stock’s 50-day moving average is $11.66 and its two-hundred day moving average is $11.16.

Crombie Real Estate Investment Trust Company Profile

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.