Ingenia Communities Group (OTC:INGEF) Shares Down 21% – Here’s Why

Shares of Ingenia Communities Group (OTC:INGEFGet Free Report) traded down 21% during mid-day trading on Tuesday . The stock traded as low as $2.15 and last traded at $2.15. 374 shares were traded during mid-day trading, a decline of 85% from the average session volume of 2,510 shares. The stock had previously closed at $2.72.

Ingenia Communities Group Stock Down 21.0 %

The firm’s 50 day moving average is $3.40 and its 200-day moving average is $3.54.

Ingenia Communities Group Company Profile

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Ingenia Communities Group (ASX:INA) is a leading operator, owner and developer offering quality residential communities and holiday accommodation. Listed on the Australian Securities Exchange, the Group is included in the S&P/ASX 200. Across Ingenia Lifestyle, Ingenia Gardens, Ingenia Holidays and Ingenia Rental, the Group's $2.3 billion property portfolio includes 107 communities and development sites and is continuing to grow.

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