Rural Funds Group (OTCMKTS:RFNDF – Get Free Report) shares rose 0.3% on Wednesday . The stock traded as high as $1.4750 and last traded at $1.4750. 1,300 shares were traded during mid-day trading, an increase of 19% from the average session volume of 1,089 shares. The stock had previously closed at $1.47.
Rural Funds Group Price Performance
The firm’s fifty day moving average price is $1.42 and its 200-day moving average price is $1.42.
Rural Funds Group Company Profile
Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties. RFF is a stapled security, incorporating Rural Funds Trust (ARSN 112 951 578) and RF Active (ARSN 168 740 805).
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