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Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Sets New 52-Week High - Here's Why

Suntec Real Estate Investment Trust logo with Finance background

Key Points

  • Suntec Real Estate Investment Trust (OTCMKTS:SURVF) shares reached a new 52-week high of $1.02 during trading, compared to its previous close of $0.94.
  • The stock's 50-day and 200-day moving average prices are $0.89 and $0.87, respectively, indicating an upward trend in recent performance.
  • Suntec REIT holds prime properties in Suntec City, Singapore, including a significant interest in key commercial developments and facilities.
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Suntec Real Estate Investment Trust (OTCMKTS:SURVF - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as $1.02 and last traded at $1.02, with a volume of 400 shares changing hands. The stock had previously closed at $0.94.

Suntec Real Estate Investment Trust Stock Performance

The business's 50 day simple moving average is $0.90 and its 200-day simple moving average is $0.87.

Suntec Real Estate Investment Trust Company Profile

(Get Free Report)

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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