Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) traded up 9% during mid-day trading on Wednesday . The company traded as high as $0.49 and last traded at $0.49. 22,000 shares traded hands during trading, an increase of 63% from the average session volume of 13,500 shares. The stock had previously closed at $0.45.
Fortune Real Estate Investment Trust Stock Performance
The stock’s fifty day moving average is $0.45 and its 200-day moving average is $0.53.
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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