Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Reaches New 1-Year High - Time to Buy?

Key Points

• Suntec Real Estate Investment Trust reached a new 52-week high of $1.04 during trading, marking a significant increase from its previous close of $0.98.
• The stock has shown a 5.9% increase and has a 50-day moving average of $0.97 and a 200-day moving average of $0.90.
• Suntec REIT primarily holds properties in Suntec City, which includes Singapore's largest integrated commercial development and significant interests in key financial and exhibition venues.

Suntec Real Estate Investment Trust (OTCMKTS:SURVF - )'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $1.04 and last traded at $1.04, with a volume of 2000 shares. The stock had previously closed at $0.98.

Suntec Real Estate Investment Trust Stock Up 5.9%

The stock has a fifty day moving average price of $0.97 and a 200 day moving average price of $0.90.

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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