Region Group (OTCMKTS:SCPAF) Stock Price Down 2.4% – Should You Sell?

Region Group (OTCMKTS:SCPAFGet Free Report)’s share price dropped 2.4% during trading on Thursday . The company traded as low as $1.45 and last traded at $1.45. Approximately 179 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 200 shares. The stock had previously closed at $1.48.

Region Group Price Performance

The firm has a 50 day moving average price of $1.73 and a 200 day moving average price of $1.91.

About Region Group

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Region Group (RGN) includes two internally managed real estate investment trusts owning a portfolio of convenience-based retail properties located across Australia. Region invests in retail properties predominantly anchored by non-discretionary retailers, with long leases to tenants such as Woolworths Limited, Coles Limited and companies in the Wesfarmers Limited group.

Further Reading

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