Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Hits New 1-Year High - What's Next?

Key Points

• Suntec Real Estate Investment Trust shares reached a new 52-week high of $0.93, compared to a previous close of $0.90, during mid-day trading.
• The company has a 50-day moving average of $0.87 and a 200-day moving average of $0.86.
• Suntec REIT manages properties in Singapore, including Suntec City and a significant interest in the Suntec Singapore Convention & Exhibition Centre.

Suntec Real Estate Investment Trust (OTCMKTS:SURVF - )'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $0.93 and last traded at $0.93, with a volume of 21212 shares changing hands. The stock had previously closed at $0.90.

Suntec Real Estate Investment Trust Price Performance

The company has a 50-day moving average of $0.87 and a 200-day moving average of $0.86.

Suntec Real Estate Investment Trust Company Profile

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay and a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall.

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