Fondul Proprietatea traded at 0.68 this Thursday February 5th, decreasing 0.003 or 0.44 percent since the previous trading session. Looking back, over the last four weeks, Fondul Proprietatea lost 25.56 percent. Over the last 12 months, its price rose by 93.94 percent. Looking ahead, we forecast Fondul Proprietatea to be priced at 0.66 by the end of this quarter and at 0.62 in one year, according to Trading Economics global macro models projections and analysts expectations.
Fondul Proprietatea SA is a Romania-based closed-end investment company. The main activities of the Company are the business of operating mutual funds and other similar financial entities. The Company’s investment objective is long term capital appreciation through investment primarily in Romanian equities with strict adherence to the principles of value investing. The Company’s investment portfolio includes holdings in entities engaged in the power utilities, oil and gas sectors, as well as in banking services provision, postal services, industry and infrastructure sectors. The Company operates through numerous subsidiaries, including Alcom SA, Carom - Broker de Asigurare SA, Comsig SA, Primcom SA, Romplumb SA, Telerom Proiect SA and Zirom SA.