Crombie Real Estate Investment Trust (OTCMKTS:CROMF) Stock Price Down 1.4% – Here’s What Happened

Crombie Real Estate Investment Trust (OTCMKTS:CROMFGet Free Report) traded down 1.4% during mid-day trading on Friday . The stock traded as low as $12.33 and last traded at $12.33. 350 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 19,873 shares. The stock had previously closed at $12.50.

Crombie Real Estate Investment Trust Price Performance

The firm’s 50 day moving average price is $12.03 and its 200-day moving average price is $11.58.

About Crombie Real Estate Investment Trust

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Crombie Real Estate Investment Trust is a Canada-focused, unincorporated open-ended real estate investment trust that owns and manages a diversified portfolio of retail, office and industrial properties. Headquartered in Nova Scotia, Crombie REIT concentrates on convenience-based retail properties, often anchored by grocery stores and service-oriented retailers. Its properties range from small format neighbourhood centres to larger community shopping centres that serve both urban and suburban markets.

The trust’s portfolio is geographically diversified across several Canadian provinces, including Atlantic Canada, Ontario, Quebec and Western Canada.

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