Shares of Firm Capital Property Trust (OTCMKTS:FRMUF – Get Free Report) shot up 0.6% on Monday . The company traded as high as $4.93 and last traded at $4.93. Approximately 34,900 shares were traded during mid-day trading, an increase of 3,279% from the average session volume of 1,033 shares. The stock had previously closed at $4.8993.
Firm Capital Property Trust Price Performance
The company’s 50-day moving average is $4.88 and its two-hundred day moving average is $4.66.
About Firm Capital Property Trust
Firm Capital Property Trust (OTCMKTS: FRMUF) is a closed?end real estate investment trust managed by Firm Capital, a Toronto?based alternative asset manager. The trust is structured to provide investors with exposure to a diversified portfolio of commercial properties, with a primary focus on office and industrial assets. It trades on the OTC Market under the symbol FRMUF and offers U.S. investors access to its underlying real estate holdings in Canada and selectively in the United States.
The trust’s core business activities center on the acquisition, ownership and active management of income?producing properties.
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