Shares of Frasers Centrepoint Trust (OTCMKTS:FRZCF – Get Free Report) passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $1.72 and traded as high as $1.73. Frasers Centrepoint Trust shares last traded at $1.73, with a volume of 0 shares traded.
Frasers Centrepoint Trust Stock Performance
The company has a 50 day moving average price of $1.71 and a 200-day moving average price of $1.72.
About Frasers Centrepoint Trust
Frasers Centrepoint Trust (OTCMKTS:FRZCF) is a Singapore-focused real estate investment trust (REIT) that owns and manages income-producing retail properties. Its portfolio is concentrated primarily in suburban shopping malls that serve residential communities and provide everyday goods, services, dining and entertainment.
The trust’s properties have included established Singapore retail destinations such as Causeway Point, Northpoint City North Wing, Waterway Point, Tampines 1, Century Square, Changi City Point and Hougang Mall.
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