Frasers Centrepoint Trust (OTC:FRZCF) Stock Price Up 4.8% – Should You Buy?

Frasers Centrepoint Trust (OTC:FRZCFGet Free Report)’s share price shot up 4.8% on Thursday . The company traded as high as $1.65 and last traded at $1.65. 130 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 2,385 shares. The stock had previously closed at $1.58.

Frasers Centrepoint Trust Stock Up 4.8 %

The business’s 50 day moving average is $1.56 and its two-hundred day moving average is $1.64.

Frasers Centrepoint Trust Company Profile

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Frasers Centrepoint Trust ("FCT") is a leading developer-sponsored retail real estate investment trust ("REIT") and one of the largest suburban retail mall owners in Singapore with assets under management of approximately S$6.9 billion. FCT's property portfolio comprises ten retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities.

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