True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF – Get Rating) shares shot up 2.7% during mid-day trading on Tuesday . The company traded as high as $2.49 and last traded at $2.49. 300 shares changed hands during trading, a decline of 96% from the average session volume of 8,215 shares. The stock previously closed at $2.42.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on TUERF. National Bank Financial lowered their price objective on True North Commercial Real Estate Investment Trust to C$4.50 in a research report on Thursday, March 16th. Raymond James dropped their target price on True North Commercial Real Estate Investment Trust from C$5.50 to C$4.00 in a report on Thursday, March 16th.
True North Commercial Real Estate Investment Trust Trading Up 2.7 %
The stock has a fifty day moving average of $3.72 and a 200 day moving average of $4.16.
True North Commercial Real Estate Investment Trust Company Profile
(Get Rating)
True North Commercial REIT is an open-ended real estate investment trust, which engages in the acquisition of commercial office properties. It seeks to identify potential acquisitions using investment criteria that focus on the security of cash flow, capital appreciation, value enhancement. The company was founded by Daniel Drimmer and is headquartered in Toronto, Canada.
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