Melcor Developments Ltd. (OTCMKTS:MODVF – Get Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.32 and traded as low as $8.55. Melcor Developments shares last traded at $8.55, with a volume of 352 shares traded.
Melcor Developments Stock Down 4.1 %
The company’s 50 day simple moving average is $9.32 and its 200-day simple moving average is $9.08.
About Melcor Developments
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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