Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) shares dropped 4.6% during mid-day trading on Thursday . The stock traded as low as $0.46 and last traded at $0.46. Approximately 92 shares changed hands during trading, a decline of 100% from the average daily volume of 23,500 shares. The stock had previously closed at $0.49.
Fortune Real Estate Investment Trust Price Performance
The business’s fifty day simple moving average is $0.49 and its 200 day simple moving average is $0.50.
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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