Shares of New World Development Company Limited (OTCMKTS:NDVLY - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.33 and traded as high as $0.36. New World Development shares last traded at $0.32, with a volume of 31,170 shares changing hands.
New World Development Stock Down 16.1 %
The company's fifty day simple moving average is $0.33 and its two-hundred day simple moving average is $0.38.
About New World Development
(
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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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