SM Investments (OTCMKTS:SVTMF) Shares Down 3.1% – Time to Sell?

SM Investments Co. (OTCMKTS:SVTMFGet Free Report) dropped 3.1% during trading on Friday . The company traded as low as C$12.25 and last traded at C$12.25. Approximately 500 shares traded hands during mid-day trading, an increase of 150% from the average daily volume of 200 shares. The stock had previously closed at C$12.64.

SM Investments Price Performance

The business has a 50-day simple moving average of C$12.63 and a 200 day simple moving average of C$14.05.

About SM Investments

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SM Investments Corporation, together with its subsidiaries, invests in retail, banking, and property businesses in the Philippines. The company operates through Property, Retail, Banking, and Portfolio Investments segments. The Property segment develops, conducts, operates, and maintains commercial shopping centers, amusement centers, and cinema theaters within the shopping centers; develops and transforms residential, commercial, entertainment, and tourism districts; and operates hotels and convention centers.

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