Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report)’s stock price shot up 0.2% during mid-day trading on Wednesday . The company traded as high as $12.49 and last traded at $12.4880. 4,560 shares were traded during trading, a decline of 69% from the average daily volume of 14,765 shares. The stock had previously closed at $12.46.
Slate Grocery REIT Stock Performance
The business’s 50-day simple moving average is $12.21 and its two-hundred day simple moving average is $11.74.
Slate Grocery REIT Company Profile
Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.
The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.
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