Shares of RioCan Real Estate Investment Trust (OTCMKTS:RIOCF – Get Free Report) rose 0.3% during trading on Thursday. The stock traded as high as $14.38 and last traded at $14.38. 24,158 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 109,231 shares. The stock had previously closed at $14.34.
RioCan Real Estate Investment Trust Price Performance
The firm’s 50-day simple moving average is $15.02 and its 200-day simple moving average is $15.38.
About RioCan Real Estate Investment Trust
RioCan Real Estate Investment Trust is a Canadian real estate investment trust that owns, develops and manages income-producing commercial and residential properties. The company’s portfolio is primarily focused on retail and mixed-use developments, including grocery-anchored shopping centres, urban retail properties and residential rental communities.
Through its RioCan Living platform, the trust develops and operates rental apartments, often as part of mixed-use communities that combine residential, retail and other complementary uses.
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