UC Asset (OTCMKTS:UCASU) Trading 7.7% Higher – What’s Next?

UC Asset, LP (OTCMKTS:UCASUGet Free Report)’s share price rose 7.7% during mid-day trading on Thursday . The stock traded as high as $0.70 and last traded at $0.70. Approximately 500 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 1,467 shares. The stock had previously closed at $0.65.

UC Asset Price Performance

The business’s 50 day moving average price is $0.74 and its 200-day moving average price is $0.55.

About UC Asset

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UC Asset, LP, a limited partnership, invests in real estate for development and redevelopment in the Atlanta area. Its investments primarily consist of ownership interests in residential and commercial properties for redevelopment in the Atlanta metropolitan area. The company also focuses to invest in and develop properties located in communities adjacent to airports and/or central business districts for shared home-office accommodations; and invest in hospitality properties.

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