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New World Development (OTCMKTS:NDVLY) Share Price Passes Above Fifty Day Moving Average - Here's What Happened

New World Development logo with Finance background

New World Development Company Limited (OTCMKTS:NDVLY - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.50 and traded as high as $0.57. New World Development shares last traded at $0.55, with a volume of 2,203 shares traded.

New World Development Trading Up 4.5 %

The company's 50-day simple moving average is $0.50 and its 200 day simple moving average is $0.51.

New World Development Company Profile

(Get Free Report)

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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