realestate

Suntec REIT Shares Rise 3.9% in OTC Trading

Suntec REIT (SURVF) shares rise 3.9%, is it still a good investment opportunity?

S
untec Real Estate Investment Trust's share price surged 3.9% on Tuesday, reaching a high of $0.87 before closing at $0.86. Approximately 4,518 shares were traded, a significant increase of 61% from the average daily volume of 2,801 shares. This comes after the stock closed at $0.83.

    The company's 50-day moving average is $0.88 and its two-hundred day moving average is $0.86. Suntec REIT holds properties in Singapore's largest integrated commercial development, including a significant interest in Suntec City, as well as other notable assets such as the Suntec Singapore Convention & Exhibition Centre.

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Suntec REIT shares increase by 3.9% during over-the-counter trading session.