Maxus Realty Trust (OTCMKTS:MRTI) Releases Earnings Results

Maxus Realty Trust (OTCMKTS:MRTI) issued its quarterly earnings data on Thursday. The company reported $1.99 earnings per share for the quarter, Zacks reports.

Maxus Realty Trust Price Performance

Shares of OTCMKTS MRTI remained flat at $72.50 during trading on Thursday. Maxus Realty Trust has a fifty-two week low of $54.00 and a fifty-two week high of $103.99. The stock has a 50-day simple moving average of $75.87 and a 200-day simple moving average of $74.84.

About Maxus Realty Trust

Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership (“MOLP”), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust’s liabilities.