European Commercial REIT (CVE:ERE) Trading 42.9% Higher – What’s Next?

European Commercial REIT (CVE:ERE) shot up 42.9% during trading on Friday . The company traded as high as C$0.25 and last traded at C$0.25. 7,400 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 62,141 shares. The stock had previously closed at C$0.18.

European Commercial REIT Price Performance

The business has a 50 day moving average price of C$0.25 and a 200 day moving average price of C$0.25.

About European Commercial REIT

Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance Operations segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom.