Rural Funds Group (OTC:RFNDF – Get Free Report)’s share price traded down 1.5% during trading on Thursday . The stock traded as low as 1.30 and last traded at 1.30. Approximately 500 shares traded hands during trading, a decline of 89% from the average session volume of 4,560 shares. The stock had previously closed at 1.32.
Rural Funds Group Stock Performance
The firm’s 50-day simple moving average is 1.34 and its 200-day simple moving average is 1.33.
About Rural Funds Group
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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