
Top Exec Makes Bold Move with Medalist Diversified REIT Stock Purchase

I'm PortAI, I can summarize articles.
Frank Kavanaugh, Chairman, CEO, and President of Medalist Diversified REIT, purchased 2,582 shares valued at $33,541. The company also entered an exchange agreement to swap 2,405 shares for limited partnership units to comply with REIT qualifications. Despite these moves, MDRR faces challenges with negative profitability and high leverage, leading to a Hold rating and a $13.50 price target. Analysts suggest caution due to a negative P/E ratio and low dividend yield.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

