Wharf Real Estate Investment Company Limited (OTCMKTS:WRFRF – Get Free Report) shares were down 2.3% on Friday. The stock traded as low as $3.90 and last traded at $3.90. Approximately 2,000 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 3,832 shares. The stock had previously closed at $3.9901.
Wharf Real Estate Investment Price Performance
The firm’s 50 day moving average price is $4.10 and its 200-day moving average price is $3.41.
About Wharf Real Estate Investment
Wharf Real Estate Investment Company Limited is a Hong Kong-based property investment company focused on owning, developing and managing commercial real estate. Its portfolio is concentrated in Hong Kong and includes retail, office, hotel and car-parking properties.
The company’s principal assets include Harbour City in Tsim Sha Tsui and Times Square in Causeway Bay. These large-scale mixed-use developments combine shopping centers, office space, hospitality facilities and related services, serving local residents, businesses and international visitors.
Wharf Real Estate Investment was established in 2017 following the spin-off of the property investment business of The Wharf (Holdings) Limited.
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