UC Asset (OTCMKTS:UCASU) Shares Down 42.9% – Should You Sell?

UC Asset, LP (OTCMKTS:UCASUGet Free Report)’s stock price dropped 42.9% during trading on Friday . The company traded as low as $0.40 and last traded at $0.40. Approximately 107 shares changed hands during trading, a decline of 93% from the average daily volume of 1,467 shares. The stock had previously closed at $0.70.

UC Asset Stock Performance

The business’s fifty day moving average price is $0.69 and its 200 day moving average price is $0.57.

About UC Asset

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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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