Plaza Retail REIT (OTCMKTS:PAZRF) Shares Climb 0.4% – Here’s What Happened

Plaza Retail REIT (OTCMKTS:PAZRF) shares were up 0.4% on Thursday. The stock traded as high as $3.71 and last traded at $3.71. 13,100 shares were traded during trading, a decline of 88% from the average daily volume of 109,520 shares. The stock had previously closed at $3.6941.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Desjardins cut shares of Plaza Retail REIT from a “buy” rating to a “hold” rating in a research note on Friday, August 7th. Royal Bank Of Canada restated a “sector perform” rating on shares of Plaza Retail REIT in a research note on Monday, August 17th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Plaza Retail REIT Trading Up 0.4%

The company has a fifty day simple moving average of $3.79 and a two-hundred day simple moving average of $3.45.

Plaza Retail REIT Company Profile

Plaza Retail REIT is a Canadian real estate investment trust that owns, develops and manages retail properties. Its portfolio is primarily made up of open-air shopping centers and other neighborhood-oriented retail locations, including properties anchored by grocery stores, pharmacies, financial institutions and other essential-service businesses.

The REIT serves communities in Eastern Canada and Ontario, with a focus on convenience-based retail properties that are positioned to meet everyday consumer needs.