Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF) Shares Up 1.5% – Here’s What Happened

Shares of Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF – Get Free Report) traded up 1.5% on Thursday . The company traded as high as $11.14 and last traded at $10.93. 16,436 shares changed hands during trading, a decline of 66% from the average session volume of 48,856 shares. The stock had previously closed at $10.77.

Choice Properties Real Estate Investment Trust Price Performance

The stock has a 50 day simple moving average of $10.76 and a 200 day simple moving average of $10.63.

Choice Properties Real Estate Investment Trust Company Profile

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Choice Properties Real Estate Investment Trust is a Canada-based, open-ended real estate investment trust established in 2012 by Loblaw Companies Limited. It was created to acquire, own, develop and manage a diversified portfolio of retail, industrial and commercial properties across Canada. The Trust’s sponsor relationship with Loblaw provides a steady source of quality tenants, anchored primarily by grocery and pharmacy banners.

The Trust’s core business activities include the leasing of grocery-anchored shopping centres, the ownership of industrial and logistics properties and the strategic development of mixed-use and residential projects.

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