Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) was down 4.1% on Thursday . The company traded as low as $0.49 and last traded at $0.49. Approximately 30,000 shares were traded during mid-day 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 Stock Performance
The business has a 50-day simple moving average of $0.51 and a 200-day simple moving average of $0.49.
About Fortune Real Estate Investment Trust
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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