UC Asset (OTCMKTS:UCASU) Stock Price Down 43.8% – Time to Sell?

UC Asset, LP (OTCMKTS:UCASUGet Free Report)’s share price dropped 43.8% on Tuesday . The company traded as low as $0.45 and last traded at $0.45. Approximately 501 shares changed hands during trading, an increase of 88% from the average daily volume of 267 shares. The stock had previously closed at $0.80.

UC Asset Price Performance

The company’s fifty day moving average is $0.52 and its 200-day moving average is $0.50.

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.

Further Reading

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