Shares of Plaza Retail REIT (OTCMKTS:PAZRF – Get Free Report) shot up 0.5% during trading on Wednesday . The stock traded as high as $3.30 and last traded at $3.30. Approximately 77,363 shares changed hands during mid-day trading, an increase of 565% from the average session volume of 11,631 shares. The stock had previously closed at $3.2841.
Plaza Retail REIT Trading Up 0.5%
The company has a 50 day moving average of $3.25 and a 200 day moving average of $3.15.
About Plaza Retail REIT
Plaza Retail REIT is a Canadian real estate investment trust that specializes in the ownership, development and management of retail properties. Headquartered in Toronto, the trust was established in 2005 and operates under a REIT structure designed to generate stable, recurring income through long-term leases with retail tenants.
The company’s core business activities include the acquisition of grocery-anchored shopping centres, tenant relationship management and the strategic redevelopment of existing retail assets.
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