Vicinity Centres (OTCMKTS:CNRAF – Get Free Report)’s share price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $1.68 and traded as high as $1.6975. Vicinity Centres shares last traded at $1.6975, with a volume of 3,779 shares changing hands.
Vicinity Centres Price Performance
The firm’s 50-day moving average is $1.77 and its 200 day moving average is $1.68.
About Vicinity Centres
Vicinity Centres is an Australian retail property group that owns, develops and manages shopping centres and other retail-focused destinations. Its properties provide space for supermarkets, department stores, specialty retailers, dining venues, entertainment operators and a range of services.
The company serves communities throughout Australia, with a portfolio spanning major regional shopping centres, sub-regional centres and convenience-oriented retail locations. Vicinity Centres also works with retail tenants and investment partners to improve, redevelop and manage its properties.
Vicinity Centres was created in 2015 through the merger of Federation Centres and Novion Property Group, bringing together two established Australian property businesses.
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