Fibra UNO (OTCMKTS:FBASF) Trading Down 9.4% – Time to Sell?

Fibra UNO (OTCMKTS:FBASF) fell 9.4% during mid-day trading on Friday . The company traded as low as $1.45 and last traded at $1.45. 2,948 shares traded hands during trading, a decline of 95% from the average session volume of 60,512 shares. The stock had previously closed at $1.60.

Wall Street Analyst Weigh In

Separately, Barclays reaffirmed an “overweight” rating on shares of Fibra UNO in a research report on Thursday, November 20th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Fibra UNO Price Performance

The company has a 50 day simple moving average of $1.62 and a 200-day simple moving average of $1.54.

Fibra UNO Company Profile

Fibra UNO (OTCMKTS: FBASF) is Mexico’s first real estate investment trust (REIT), established in March 2011. Headquartered in Mexico City, the company specializes in the acquisition, development and management of income-producing real estate assets. As a pioneer in the Mexican market, Fibra UNO introduced the FIBRA structure to provide investors with transparent access to a diversified property portfolio.

The company’s portfolio spans multiple asset classes, including office buildings, retail shopping centers, industrial warehouses, residential and hospitality properties.