FIBRA Macquarie México (OTCMKTS:DBMBF) Trading 6.6% Higher – Time to Buy?

FIBRA Macquarie México (OTCMKTS:DBMBFGet Free Report)’s share price shot up 6.6% during mid-day trading on Wednesday . The company traded as high as $1.58 and last traded at $1.58. 9,000 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 10,022 shares. The stock had previously closed at $1.48.

FIBRA Macquarie México Price Performance

The business’s fifty day moving average is $1.60 and its two-hundred day moving average is $1.62.

FIBRA Macquarie México Company Profile

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FIBRA Macquarie México (FIBRA Macquarie) (BMV:FIBRAMQ) is a real estate investment trust (fideicomiso de inversión en bienes raíces), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties.

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