Shares of Crombie Real Estate Investment Trust (OTCMKTS:CROMF – Get Free Report) passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $11.86 and traded as high as $11.90. Crombie Real Estate Investment Trust shares last traded at $11.90, with a volume of 58,938 shares.
Crombie Real Estate Investment Trust Trading Up 4.2%
The firm has a 50-day moving average of $11.33 and a 200 day moving average of $11.86.
About Crombie Real Estate Investment Trust
Crombie Real Estate Investment Trust is a Canadian real estate investment trust that owns, manages and develops income-producing commercial properties. Its portfolio is focused primarily on grocery-anchored and necessity-based retail properties, along with office and mixed-use assets.
The trust’s retail properties are commonly anchored by grocery stores and other essential-service tenants, helping serve everyday consumer needs. Crombie also provides property and asset management services in connection with its real estate portfolio and development activities.
Crombie’s properties are located mainly in Atlantic Canada, with additional assets in other parts of Canada, including Ontario and Quebec.
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