Crombie Real Estate Investment Trust (OTCMKTS:CROMF) Shares Climb 3.9% – Here’s What Happened

Crombie Real Estate Investment Trust (OTCMKTS:CROMF – Get Free Report) shares shot up 3.9% on Monday. The stock traded as high as $11.75 and last traded at $11.75. Approximately 700 shares were traded during mid-day trading, a decline of 98% from the average session volume of 41,017 shares. The stock had previously closed at $11.3124.

Crombie Real Estate Investment Trust Trading Up 3.9%

The business’s 50-day moving average is $11.41 and its 200-day moving average is $11.85.

About Crombie Real Estate Investment Trust

(Get Free Report)

Crombie Real Estate Investment Trust is a Canadian real estate investment trust that owns, manages and develops income-producing commercial and residential properties. The trust’s portfolio is primarily focused on grocery-anchored shopping centres, retail properties, office buildings and mixed-use developments.

Crombie’s retail properties are commonly anchored by grocery and pharmacy tenants, including locations associated with Empire Company’s Sobeys, Safeway and other retail banners.

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