Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Trading Up 0.7% - Should You Buy?

Key Points

• Suntec Real Estate Investment Trust's stock increased by 0.7% during mid-day trading, reaching a price of $1.00, with trading volume up 49% from the average daily volume.
• The REIT, listed since December 2004, holds significant properties in Singapore's Suntec City, including a major shopping mall and interests in key commercial developments.
• The company's 50-day and 200-day moving averages are currently at $0.95 and $0.89, respectively, indicating a positive trend in stock performance.

Suntec Real Estate Investment Trust (OTCMKTS:SURVF - )'s stock price was up 0.7% during mid-day trading on Tuesday . The stock traded as high as $1.00 and last traded at $1.00. 11,599 shares traded hands during mid-day trading, an increase of 49% from the average daily volume of 7,789 shares. The stock had previously closed at $0.99.

Suntec Real Estate Investment Trust Stock Performance

The business has a 50 day moving average of $0.95 and a 200 day moving average of $0.89.

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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