Killam Apartment REIT (OTCMKTS:KMMPF) Trading Down 3.8% – Time to Sell?

Killam Apartment REIT (OTCMKTS:KMMPFGet Free Report)’s share price traded down 3.8% during trading on Tuesday . The company traded as low as $13.29 and last traded at $13.33. 1,804 shares changed hands during trading, an increase of 4% from the average session volume of 1,728 shares. The stock had previously closed at $13.85.

Killam Apartment REIT Stock Performance

The stock has a 50 day simple moving average of $14.82 and a two-hundred day simple moving average of $13.46.

Killam Apartment REIT Company Profile

(Get Free Report)

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.

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