Vicinity Centres (OTCMKTS:CNRAF) Shares Down 21.7% – Should You Sell?

Vicinity Centres (OTCMKTS:CNRAF – Get Free Report) traded down 21.7% during trading on Wednesday . The company traded as low as $1.26 and last traded at $1.26. 3,126 shares were traded during mid-day trading, a decline of 55% from the average session volume of 7,011 shares. The stock had previously closed at $1.61.

Vicinity Centres Price Performance

The company’s 50 day moving average price is $1.52 and its two-hundred day moving average price is $1.55.

Vicinity Centres Company Profile

(Get Free Report)

Vicinity Centres (OTCMKTS: CNRAF) is an Australian real estate investment trust focused on the ownership and management of retail shopping centres. The company’s core business revolves around creating vibrant regional and sub-regional retail destinations that cater to the daily needs and lifestyle aspirations of local communities. Its portfolio encompasses more than 60 shopping centres across major Australian metropolitan and regional markets, with assets valued in excess of AUD 20 billion.

The company delivers a full suite of services including property management, leasing, marketing, and centre development.

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