FIBRA Prologis (OTCMKTS:FBBPF – Get Free Report) shares saw unusually-high trading volume on Friday . 45,117 shares traded hands during trading, an increase of 595% from the previous session’s volume of 6,495 shares.The stock last traded at $4.33 and had previously closed at $4.57.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. Barclays reaffirmed an “overweight” rating on shares of FIBRA Prologis in a research report on Monday, May 4th. Zacks Research upgraded shares of FIBRA Prologis to a “hold” rating in a research note on Wednesday, May 13th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Read Our Latest Research Report on FIBRA Prologis
FIBRA Prologis Stock Down 1.9%
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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