Shares of Slate Grocery REIT (OTCMKTS:SRRTF – Get Free Report) were up 1.4% during mid-day trading on Wednesday . The stock traded as high as $11.4280 and last traded at $11.4050. Approximately 7,064 shares changed hands during trading, a decline of 46% from the average daily volume of 13,123 shares. The stock had previously closed at $11.25.
Slate Grocery REIT Stock Performance
The company’s 50 day moving average price is $11.46 and its 200-day moving average price is $11.26.
Slate Grocery REIT Company Profile
Slate Grocery REIT is a real estate investment trust that specializes in owning and operating grocery-anchored retail properties across the United States. The company focuses on net lease investments in everyday necessity properties, primarily grocery stores, pharmacies and other essential retailers that benefit from stable consumer demand and predictable cash flows.
The REIT’s portfolio is concentrated in single-tenant and small multi-tenant sites that are typically leased to investment-grade operators.
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