China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report) fell 7.7% during mid-day trading on Friday . The stock traded as low as $7.65 and last traded at $7.65. Approximately 676 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 7,465 shares. The stock had previously closed at $8.29.
China Overseas Land & Investment Stock Performance
The stock has a 50-day moving average of $8.53 and a 200-day moving average of $8.72.
China Overseas Land & Investment Company Profile
China Overseas Land & Investment Limited is a property development and investment company headquartered in Hong Kong. The company is a subsidiary of China State Construction Engineering Corporation and focuses primarily on developing residential, commercial and mixed-use real estate.
Its activities include land acquisition, property development, sales and leasing, as well as the investment and operation of commercial properties such as offices, shopping centers and other income-producing assets.
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