Fortune Real Estate Investment Trust (OTCMKTS:FRIVF) Trading Down 1.4% – Here’s What Happened

by · The Cerbat Gem

Fortune Real Estate Investment Trust (OTCMKTS:FRIVF – Get Free Report) traded down 1.4% on Friday . The company traded as low as $0.60 and last traded at $0.60. 3,703 shares changed hands during mid-day trading, an increase of 2,117% from the average session volume of 167 shares. The stock had previously closed at $0.6086.

Fortune Real Estate Investment Trust Price Performance

The business’s 50-day moving average price is $0.69 and its two-hundred day moving average price is $0.60.

About Fortune Real Estate Investment Trust

(Get Free Report)

Fortune Real Estate Investment Trust (OTCMKTS: FRIVF) is a Hong Kong–based real estate investment trust formed in 2005 with a focus on income-generating commercial properties. The trust’s investment portfolio comprises primarily retail shopping centres and associated car park facilities located across key districts of Hong Kong. Its assets are designed to cater to local residents as well as visitors, with property mixes that include community retail, daily necessities, dining and personal services.

Since its establishment, Fortune REIT has pursued a strategy of acquiring and actively managing a diversified retail portfolio.

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