MERLIN Properties SOCIMI (OTCMKTS:MRPRF) Stock Price Down 2.4% – Here’s What Happened

MERLIN Properties SOCIMI, S.A. (OTCMKTS:MRPRFGet Free Report) shares fell 2.4% during mid-day trading on Friday . The stock traded as low as $12.10 and last traded at $12.10. 9,140 shares changed hands during mid-day trading, an increase of 437% from the average session volume of 1,702 shares. The stock had previously closed at $12.40.

MERLIN Properties SOCIMI Price Performance

The firm’s 50 day simple moving average is $11.02 and its 200-day simple moving average is $10.94.

MERLIN Properties SOCIMI Company Profile

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MERLIN Properties SOCIMI, SA (MC:MRL) is the largest real estate company trading on the Spanish Stock Exchange. Specialized in the development, acquisition and management of commercial property in the Iberian region. MERLIN Properties mainly invests in offices, shopping centers, logistics facilities and data centers, within the Core and Core Plus segments, forming part of the benchmark IBEX-35, Euro STOXX 600, FTSE EPRA/NAREIT Global Real Estate, GPR Global Index, GPR-250 Index, MSCI Small Caps indices and DJSI.

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