FIBRA Prologis (OTCMKTS:FBBPF – Get Free Report) shares traded up 7.9% during trading on Wednesday . The company traded as high as $4.5540 and last traded at $4.5540. 837 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 6,594 shares. The stock had previously closed at $4.22.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of FIBRA Prologis to a “hold” rating in a research report on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Get Our Latest Report on FBBPF
FIBRA Prologis Trading Up 3.7%
FIBRA Prologis Company Profile
FIBRA Prologis (OTCMKTS: FBBPF) is a Mexican real estate investment trust specializing in the ownership, development and operation of industrial and logistics properties. Established in 2011 as the first Mexican Fibra backed by an international sponsor, the company focuses on acquiring and managing warehouse and distribution centers that serve manufacturing, retail and third-party logistics clients across Mexico’s key industrial corridors.
The trust’s core activities include leasing modern logistics facilities, executing build-to-suit developments and providing property management services tailored to the needs of multinational and domestic occupiers.
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