China Overseas Property (OTCMKTS:CNPPF) Trading Down 4.2% – Here’s Why

China Overseas Property Holdings Limited (OTCMKTS:CNPPFGet Free Report)’s share price dropped 4.2% on Wednesday . The company traded as low as $0.64 and last traded at $0.64. Approximately 800 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 4,750 shares. The stock had previously closed at $0.67.

China Overseas Property Stock Performance

The business’s fifty day simple moving average is $0.64 and its 200-day simple moving average is $0.71.

About China Overseas Property

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China Overseas Property Holdings Limited, an investment holding company, provides property management services in Hong Kong, Macau, and Mainland China. It operates through Property Management Services, Value-Added Services, and Car Parking Space Trading Business segments. The Property Management Services segment offers security, repair and maintenance, cleaning, and garden landscape maintenance services to residential communities, commercial properties, government properties, and construction sites.

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