Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) shares shot up 9% during mid-day trading on Wednesday . The stock traded as high as $0.49 and last traded at $0.49. 22,000 shares traded hands during trading, an increase of 63% from the average session volume of 13,500 shares. The stock had previously closed at $0.45.
Fortune Real Estate Investment Trust Price Performance
The firm has a 50 day simple moving average of $0.45 and a 200-day simple moving average of $0.52.
Fortune Real Estate Investment Trust Company Profile
Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising approximately 3 million sq.
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