UC Asset (OTCMKTS:UCASU) Trading Down 2.9% – Here’s What Happened

UC Asset, LP (OTCMKTS:UCASUGet Free Report)’s share price dropped 2.9% during trading on Monday . The company traded as low as $0.01 and last traded at $0.68. Approximately 300 shares were traded during mid-day trading, an increase of 31% from the average daily volume of 229 shares. The stock had previously closed at $0.70.

UC Asset Price Performance

The stock has a 50-day moving average price of $0.71 and a 200 day moving average price of $0.53.

UC Asset Company Profile

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UC Asset, LP, a limited partnership, invests in real estate for development and redevelopment in the Atlanta area. Its investments primarily consist of ownership interests in residential and commercial properties for redevelopment in the Atlanta metropolitan area. The company also focuses to invest in and develop properties located in communities adjacent to airports and/or central business districts for shared home-office accommodations; and invest in hospitality properties.

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