Shares of China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report) fell 4.9% during trading on Tuesday . The company traded as low as $8.73 and last traded at $8.73. 468 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 2,551 shares. The stock had previously closed at $9.18.
China Overseas Land & Investment Trading Down 4.9%
The business has a 50-day moving average price of $8.37 and a two-hundred day moving average price of $8.72.
About China Overseas Land & Investment
China Overseas Land & Investment (OTCMKTS: CAOVY) is a Hong Kong–based real estate developer and property investor with origins dating back to 1979. The company is a core subsidiary of China State Construction Engineering Corporation (CSCEC), one of the world’s largest construction and engineering conglomerates. Since its initial public offering on the Hong Kong Stock Exchange in the early 1990s, China Overseas Land & Investment has expanded its footprint to become one of the leading real estate groups in Greater China.
The company’s primary activities encompass residential and commercial property development, property investment, hotel operations and property management services.
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