Shares of Uwharrie Capital Corp (OTCMKTS:UWHR – Get Free Report) dropped 3.4% during trading on Tuesday . The stock traded as low as $11.30 and last traded at $11.30. Approximately 3,331 shares were traded during mid-day trading, an increase of 67% from the average daily volume of 1,996 shares. The stock had previously closed at $11.70.
Uwharrie Capital Price Performance
The company’s 50-day simple moving average is $10.95 and its 200 day simple moving average is $10.72.
About Uwharrie Capital
Uwharrie Capital Corporation (OTCMKTS: UWHR) is a natural‐resources holding company that invests in agricultural real estate, timberland and energy mineral interests. The company’s portfolio is structured to generate diversified cash flows through land leasing, timber harvesting and oil and gas royalty income. Incorporated in North Carolina, Uwharrie Capital aims to preserve capital while creating long‐term value for its shareholders.
The company’s agricultural segment consists of fee‐simple farmland holdings, which it leases to commercial farmers under cash‐rent arrangements.
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