Nexus Industrial REIT (OTCMKTS:EFRTF – Get Free Report) shares were down 0.9% on Thursday . The company traded as low as $5.6480 and last traded at $5.6480. Approximately 11,466 shares were traded during trading, a decline of 81% from the average daily volume of 59,713 shares. The stock had previously closed at $5.70.
Nexus Industrial REIT Stock Down 0.9%
The firm’s fifty day moving average price is $5.88 and its 200 day moving average price is $5.75.
Nexus Industrial REIT Company Profile
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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