Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report)’s share price dropped 4.1% during trading on Thursday . The company traded as low as $0.49 and last traded at $0.49. Approximately 30,000 shares changed hands during trading, an increase of 103% from the average daily volume of 14,750 shares. The stock had previously closed at $0.51.
Fortune Real Estate Investment Trust Price Performance
The business has a 50 day simple moving average of $0.51 and a 200-day simple moving average of $0.49.
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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