Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Sets New 12-Month High - Should You Buy?

Key Points

• Suntec Real Estate Investment Trust (OTCMKTS:SURVF) achieved a new 12-month high, trading at $0.98 recently, up from a previous close of $0.93.
• The stock's performance shows a growth trend, with a 1.0% increase and a 50-day moving average of $0.88.
• Suntec REIT holds properties in prime locations such as Suntec City, including interests in major commercial developments in Singapore.

Shares of Suntec Real Estate Investment Trust (OTCMKTS:SURVF - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $0.98 and last traded at $0.94, with a volume of 536 shares. The stock had previously closed at $0.93.

Suntec Real Estate Investment Trust Stock Performance

The company has a fifty day moving average price of $0.88 and a two-hundred day moving average price of $0.86.

About Suntec Real Estate Investment Trust

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.