Slate Grocery REIT (OTCMKTS:SRRTF) Shares Down 1.7% – Here’s What Happened

Slate Grocery REIT (OTCMKTS:SRRTFGet Free Report) dropped 1.7% during trading on Wednesday . The stock traded as low as $12.3120 and last traded at $12.3120. Approximately 1,446 shares traded hands during trading, a decline of 89% from the average daily volume of 13,723 shares. The stock had previously closed at $12.5220.

Slate Grocery REIT Stock Performance

The firm has a 50 day moving average of $11.81 and a 200 day moving average of $11.44.

Slate Grocery REIT Company Profile

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Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.

The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.

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