UOL Group (OTCMKTS:UOLGY) Shares Up 0.3% – Here’s Why

UOL Group Limited (OTCMKTS:UOLGY)’s share price shot up 0.3% during trading on Thursday . The stock traded as high as $36.90 and last traded at $35.45. 21,651 shares changed hands during trading, a decline of 11% from the average session volume of 24,385 shares. The stock had previously closed at $35.34.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of UOL Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

UOL Group Stock Up 0.3%

The business has a 50 day moving average price of $30.09 and a 200 day moving average price of $26.38.

UOL Group Company Profile

UOL Group Limited is a Singapore-based diversified property company with core activities in real estate development, hospitality operations and asset management. The company develops residential, commercial and mixed-use projects, and holds investment properties in strategic locations across Singapore and other Asia-Pacific markets. Its real estate portfolio encompasses condominiums, office towers and retail spaces, reflecting a focus on urban regeneration and integrated community living.

In property development, UOL Group has delivered a range of landmark projects, from city-fringe residential estates to high-end commercial complexes.