Nexus Industrial REIT (OTCMKTS:EFRTF) Stock Price Down 1% – Time to Sell?

Nexus Industrial REIT (OTCMKTS:EFRTFGet Free Report) fell 1% during trading on Tuesday . The stock traded as low as $4.86 and last traded at $4.86. 4,424 shares traded hands during trading, a decline of 93% from the average session volume of 67,939 shares. The stock had previously closed at $4.91.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada reissued a “sector perform” rating on shares of Nexus Industrial REIT in a report on Tuesday, March 11th.

Get Our Latest Stock Analysis on Nexus Industrial REIT

Nexus Industrial REIT Stock Performance

The company’s 50 day simple moving average is $5.11 and its two-hundred day simple moving average is $5.67.

About Nexus Industrial REIT

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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.

Further Reading

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