UC Asset (UCASU) Projected to Release Earnings on Wednesday

UC Asset (OTCMKTS:UCASU) is expected to be issuing its resultson Wednesday, September 2nd. Analysts expect the company to announce earnings of $0.06 per share and revenue of $1.89 million for the quarter.

UC Asset Trading Down 49.7%

Shares of OTCMKTS UCASU opened at $0.24 on Tuesday. The firm’s 50 day moving average price is $0.27 and its 200-day moving average price is $0.35. UC Asset has a 52-week low of $0.24 and a 52-week high of $0.61.

UC Asset Company Profile

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. In addition, it invests in debt investment in the form of promissory notes or private loans.