Maxus Realty Trust (OTCMKTS:MRTI - Get Free Report) issued its earnings results on Monday. The company reported ($0.55) EPS for the quarter, Zacks reports.
Maxus Realty Trust Stock Down 8.2%
Shares of OTCMKTS MRTI traded down $4.90 during mid-day trading on Monday, hitting $55.10. The stock had a trading volume of 44 shares, compared to its average volume of 674. Maxus Realty Trust has a 1 year low of $55.10 and a 1 year high of $84.97. The business has a 50 day moving average price of $67.10 and a two-hundred day moving average price of $70.92.
About Maxus Realty Trust
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Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership ("MOLP"), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust's liabilities.
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