MERLIN Properties SOCIMI (OTCMKTS:MRPRF) Stock Price Down 5.7% – Should You Sell?

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRFGet Free Report)’s stock price fell 5.7% during trading on Wednesday . The company traded as low as $9.94 and last traded at $9.94. 274 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 1,393 shares. The stock had previously closed at $10.54.

MERLIN Properties SOCIMI Stock Down 5.7 %

The firm’s 50 day simple moving average is $12.02 and its two-hundred day simple moving average is $11.60.

MERLIN Properties SOCIMI Company Profile

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MERLIN Properties SOCIMI, SA (MC:MRL) is the largest real estate company trading on the Spanish Stock Exchange. Specialized in the development, acquisition and management of commercial property in the Iberian region. MERLIN Properties mainly invests in offices, shopping centers, logistics facilities and data centers, within the Core and Core Plus segments, forming part of the benchmark IBEX-35, Euro STOXX 600, FTSE EPRA/NAREIT Global Real Estate, GPR Global Index, GPR-250 Index, MSCI Small Caps indices and DJSI.

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