Shares of Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) rose 9% during mid-day trading on Wednesday . The stock traded as high as $0.49 and last traded at $0.49. Approximately 22,000 shares changed hands during mid-day trading, an increase of 63% from the average daily volume of 13,500 shares. The stock had previously closed at $0.45.
Fortune Real Estate Investment Trust Price Performance
The firm has a fifty day moving average price of $0.45 and a 200-day moving average price 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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