Melcor Developments (OTCMKTS:MODVF) Stock Price Up 0.7%

Melcor Developments Ltd. (OTCMKTS:MODVFGet Free Report) shot up 0.7% during trading on Wednesday . The stock traded as high as $8.41 and last traded at $8.41. 3,000 shares changed hands during mid-day trading, an increase of 213% from the average session volume of 959 shares. The stock had previously closed at $8.35.

Melcor Developments Stock Performance

The firm has a 50 day moving average price of $8.38 and a 200-day moving average price of $8.40.

Melcor Developments Company Profile

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Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses.

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