Firm Capital Property Trust (OTCMKTS:FRMUF) Trading Up 0.7% – Here’s Why
by Michael Walen · The Markets DailyFirm Capital Property Trust (OTCMKTS:FRMUF – Get Free Report)’s share price shot up 0.7% on Tuesday . The stock traded as high as $4.50 and last traded at $4.50. 602 shares were traded during trading, a decline of 42% from the average session volume of 1,040 shares. The stock had previously closed at $4.47.
Firm Capital Property Trust Stock Performance
The company has a fifty day simple moving average of $4.46 and a 200-day simple moving average of $4.37.
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.