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

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

Analyst Ratings Changes

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

Check Out Our Latest Analysis on EFRTF

Nexus Industrial REIT Stock Up 0.9 %

The firm’s 50 day moving average is $5.10 and its 200-day moving average is $5.66.

About Nexus Industrial REIT

(Get Free Report)

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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