MorningStar Analysis Gives UCASU Stock Fair Price at $2.83 Per Share
ATLANTA--(BUSINESS WIRE)--Jan 30, 2020--
Morningstar’s Quantitative Ratings has given UC Asset (OTCQX: UCASU) a fair market price of $2.83 per share to UC Asset’s common units, which is 29% higher than the last closing price of UCASU at $2.20 per share.
“Currently our main focus is achieving continuous growth of our net equity. We are confident that the stock market will reflect our performance in the long run,” says UC Asset founder Larry Wu.
Morningstar, Inc. (NASDAQ: MORN) is a global financial services firm headquartered in Chicago, Illinois, United States. The service provides an array of investment-research and investment-management services. According to Wikipedia.org, Morningstar’s research and recommendations are considered by financial journalists as extremely influential in the asset-management industry.
Morningstar Quantitative Ratings for equities, according to Morningstar’s official website, are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies.
Morningstar’s Rating result on UC Asset can be accessed with a subscription of premier service of Morningstar at: https://www.morningstar.com/stocks/pinx/ucasu/analysis
About UC Asset LP
UC Asset LP is a limited partnership formed for the purpose of investing in real estate for development and redevelopment, concentrating in metropolitan areas of Atlanta, GA and Dallas, TX. For more information about UC Asset, please visit: www.ucasset.com
View source version on businesswire.com:https://www.businesswire.com/news/home/20200130005735/en/
CONTACT: Christal D. Jordan
UC Asset, Director, Investor Relations
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA
INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY
SOURCE: UC Asset
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PUB: 01/30/2020 01:30 PM/DISC: 01/30/2020 01:30 PM