Rural Funds Group (OTC:RFNDF – Get Free Report)’s stock price traded up 16% during trading on Tuesday . The company traded as high as $1.11 and last traded at $1.11. 12,900 shares changed hands during trading, an increase of 143% from the average session volume of 5,314 shares. The stock had previously closed at $0.96.
Rural Funds Group Stock Performance
The firm has a 50 day moving average price of $1.15 and a two-hundred day moving average price of $1.28.
Rural Funds Group Company Profile
Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties.
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