Shares of New World Development Company Limited (OTCMKTS:NDVLY – Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.57 and traded as low as $0.56. New World Development shares last traded at $0.56, with a volume of 1,313 shares changing hands.
New World Development Stock Performance
The firm’s 50 day simple moving average is $0.57 and its 200-day simple moving average is $0.69.
New World Development Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, April 25th. Investors of record on Thursday, March 21st were given a dividend of $0.0108 per share. The ex-dividend date of this dividend was Wednesday, March 20th.
New World Development Company Profile
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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