Nexus Industrial REIT (OTCMKTS:EFRTF) Stock Price Up 1.4% – Should You Buy?

Nexus Industrial REIT (OTCMKTS:EFRTFGet Free Report) traded up 1.4% on Wednesday . The company traded as high as $5.20 and last traded at $5.20. 8,676 shares were traded during trading, a decline of 69% from the average session volume of 27,825 shares. The stock had previously closed at $5.13.

Nexus Industrial REIT Stock Performance

The business’s 50 day simple moving average is $5.44 and its two-hundred day simple moving average is $5.81.

Nexus Industrial REIT Company Profile

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Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area.

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