Nexus Industrial REIT (OTCMKTS:EFRTF) Shares Up 0.5% – Time to Buy?

Nexus Industrial REIT (OTCMKTS:EFRTFGet Free Report)’s share price traded up 0.5% on Thursday . The company traded as high as $5.8980 and last traded at $5.8980. 33,233 shares were traded during trading, an increase of 154% from the average session volume of 13,083 shares. The stock had previously closed at $5.87.

Nexus Industrial REIT Price Performance

The business’s 50-day simple moving average is $5.60 and its 200 day simple moving average is $5.64.

Nexus Industrial REIT Company Profile

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Nexus Industrial REIT is an unincorporated, closed-end real estate investment trust that focuses on the acquisition, development and management of industrial properties across North America. Its portfolio comprises single-tenant and multi-tenant distribution centres, manufacturing facilities and flex-industrial assets that serve a broad range of sectors including e-commerce, third-party logistics, consumer goods and light manufacturing. Long-term, triple-net leases form the backbone of its cash flow, aligning tenant responsibilities with property operating expenses and maintenance.

Since its establishment in 2018 and subsequent public listing, Nexus Industrial REIT has expanded into key Canadian markets—Ontario, Quebec, British Columbia and Alberta—as well as select U.S.

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