New World Development Company Limited (OTCMKTS:NDVLY – Get Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.39 and traded as low as $0.31. New World Development shares last traded at $0.35, with a volume of 36,290 shares trading hands.
New World Development Stock Performance
The company’s 50 day moving average price is $0.39 and its 200-day moving average price is $0.46.
About New World Development
New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as whole life, term, dread disease, medical, disability, and accident insurance products.
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