Nexus Industrial REIT (OTCMKTS:EFRTF – Get Free Report)’s stock price shot up 1.2% during mid-day trading on Thursday . The stock traded as high as $5.15 and last traded at $5.15. 10,000 shares traded hands during trading, an increase of 167% from the average session volume of 3,749 shares. The stock had previously closed at $5.09.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada dropped their price objective on Nexus Industrial REIT from $9.00 to $8.50 and set a “sector perform” rating for the company in a research note on Monday, March 18th.
Get Our Latest Analysis on EFRTF
Nexus Industrial REIT Stock Up 1.2 %
Nexus Industrial REIT Company Profile
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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