United Development Funding IV (OTCMKTS:UDFI – Get Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.40 and traded as high as $1.55. United Development Funding IV shares last traded at $1.40, with a volume of 63,400 shares.
United Development Funding IV Trading Down 6.0%
The company’s 50-day moving average is $1.40 and its two-hundred day moving average is $1.40.
About United Development Funding IV
United Development Funding IV invests in secured loans for the acquisition and development of land into single-family home lots, and the construction of model and new single-family homes. It also makes equity investments in residential real estate. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. United Development Funding IV was founded in 2008 and is headquartered in Grapevine, Texas.
Read More
- Five stocks we like better than United Development Funding IV
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for United Development Funding IV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Development Funding IV and related companies with MarketBeat.com's FREE daily email newsletter.
