New World Development Company Limited (OTCMKTS:NDVLY – Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.44 and traded as low as $0.31. New World Development shares last traded at $0.32, with a volume of 1,055 shares trading hands.
New World Development Stock Performance
The company’s 50 day simple moving average is $0.34 and its 200-day simple moving average is $0.44.
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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