New World Development Company Limited (OTCMKTS:NDVLY – Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.59 and traded as low as $0.48. New World Development shares last traded at $0.55, with a volume of 917 shares traded.
New World Development Trading Up 11.7 %
The stock has a 50-day moving average of $0.59 and a 200 day moving average of $0.72.
New World Development Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, April 25th. Investors of record on Thursday, March 21st were given a dividend of $0.0108 per share. The ex-dividend date was Wednesday, March 20th.
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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