New World Development Company Limited (OTCMKTS:NDVLY – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $0.40 and last traded at $0.40, with a volume of 13654 shares trading hands. The stock had previously closed at $0.51.
New World Development Stock Down 4.6 %
The stock’s fifty day moving average price is $0.53 and its 200-day moving average price is $0.61.
About New World Development
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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