Pacific Alliance China Land (LON:PACL) Stock Price Down 99% – Time to Sell?

Shares of Pacific Alliance China Land Limited (LON:PACLGet Free Report) fell 99% during mid-day trading on Tuesday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 57,447 shares traded hands during trading, an increase of 256% from the average session volume of 16,141 shares. The stock had previously closed at GBX 18 ($0.23).

Pacific Alliance China Land Trading Down 99.0 %

The company’s 50-day moving average is GBX 0.18 and its 200 day moving average is GBX 0.18. The firm has a market cap of £4,775.54 and a PE ratio of -0.13.

About Pacific Alliance China Land

(Get Free Report)

Pacific Alliance China Land Limited (the Fund) is a closed-end investment company. The Fund’s investment objective is to provide shareholders with capital growth and a regular level of income from investments in existing properties, new developments, distressed projects and real estate companies in Greater China.

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