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Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Sees Strong Trading Volume - Time to Buy?

Suntec Real Estate Investment Trust logo with Finance background

Key Points

  • Suntec Real Estate Investment Trust experienced a significant increase in trading volume, rising by 136% with 14,783 shares traded compared to the previous session.
  • The stock price rose by 3.2%, trading at $0.99, just above its 50-day moving average of $0.90.
  • Suntec REIT holds key properties in Singapore, including parts of Suntec City and several high-profile commercial assets in the Marina Bay area.
  • MarketBeat previews the top five stocks to own by October 1st.

Suntec Real Estate Investment Trust (OTCMKTS:SURVF - Get Free Report) shares saw an uptick in trading volume on Tuesday . 14,783 shares changed hands during mid-day trading, an increase of 136% from the previous session's volume of 6,257 shares.The stock last traded at $0.99 and had previously closed at $0.96.

Suntec Real Estate Investment Trust Stock Up 3.2%

The stock's 50 day moving average price is $0.90 and its two-hundred day moving average price 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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