New World Development (OTCMKTS:NDVLY) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

New World Development Company Limited (OTCMKTS:NDVLYGet Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.43 and traded as low as $0.27. New World Development shares last traded at $0.39, with a volume of 18,305 shares changing hands.

New World Development Stock Performance

The business has a 50-day moving average of $0.43 and a two-hundred day moving average of $0.47.

New World Development Company Profile

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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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