FIBRA Macquarie México (OTCMKTS:DBMBF) Trading 4.2% Higher – Here’s What Happened

Shares of FIBRA Macquarie México (OTCMKTS:DBMBFGet Free Report) were up 4.2% during mid-day trading on Tuesday . The stock traded as high as $1.7668 and last traded at $1.7668. Approximately 6,200 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 8,564 shares. The stock had previously closed at $1.6963.

Wall Street Analysts Forecast Growth

Separately, Scotiabank upgraded shares of FIBRA Macquarie México to an “outperform” rating in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.

Read Our Latest Stock Analysis on FIBRA Macquarie México

FIBRA Macquarie México Stock Performance

The firm’s fifty day simple moving average is $1.68 and its 200 day simple moving average is $1.69.

FIBRA Macquarie México Company Profile

(Get Free Report)

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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