Shares of UC Asset LP (OTCMKTS:UCASU – Get Free Report) dropped 30.3% during trading on Wednesday . The company traded as low as $0.2528 and last traded at $0.2528. 117 shares traded hands during mid-day trading, The stock had previously closed at $0.3627.
UC Asset Stock Down 30.3%
The stock’s fifty day moving average price is $0.26 and its 200 day moving average price is $0.37.
UC Asset Company Profile
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. In addition, it invests in debt investment in the form of promissory notes or private loans.
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