Frasers Logistics & Commercial Trust (OTCMKTS:FRLOF) Stock Price Up 7% – Time to Buy?

Frasers Logistics & Commercial Trust (OTCMKTS:FRLOFGet Free Report) shares shot up 7% during trading on Wednesday . The stock traded as high as C$0.75 and last traded at C$0.75. 6,364 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 12,063 shares. The stock had previously closed at C$0.70.

Frasers Logistics & Commercial Trust Price Performance

The company’s fifty day moving average is C$0.71 and its 200-day moving average is C$0.67.

About Frasers Logistics & Commercial Trust

(Get Free Report)

Frasers Logistics & Commercial Trust ("FLCT") is a Singapore-listed real estate investment trust with a portfolio comprising 107 industrial and commercial properties, worth approximately S$6.4 billion, diversified across five major developed markets – Australia, Germany, Singapore, the United Kingdom and the Netherlands.

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