FIBRA Prologis (OTCMKTS:FBBPF) Shares Gap Up – Still a Buy?

FIBRA Prologis (OTCMKTS:FBBPF – Get Free Report)’s stock price gapped up prior to trading on Wednesday. The stock had previously closed at $4.0340, but opened at $4.2450. FIBRA Prologis shares last traded at $4.3980, with a volume of 1,873 shares changing hands.

FIBRA Prologis Trading Up 9.0%

The business’s 50-day moving average price is $4.40 and its two-hundred day moving average price is $4.50.

FIBRA Prologis Company Profile

(Get Free Report)

FIBRA Prologis is a Mexican real estate investment trust focused on acquiring, developing, owning and operating industrial properties. Its portfolio is designed to serve logistics, distribution, manufacturing and supply-chain users, with an emphasis on modern, high-quality facilities in established commercial and industrial locations.

The trust’s properties are concentrated in major Mexican logistics and manufacturing markets, including Mexico City, Monterrey, Guadalajara, Tijuana, Ciudad Juárez and Reynosa.

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