New World Development (OTCMKTS:NDVLY) Trading 5% Higher – Still a Buy?

New World Development Company Limited (OTCMKTS:NDVLYGet Free Report) traded up 5% during trading on Tuesday . The company traded as high as $0.41 and last traded at $0.41. 582 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 10,954 shares. The stock had previously closed at $0.40.

New World Development Price Performance

The business has a 50 day moving average of $0.49 and a 200 day moving average of $0.49.

New World Development Company Profile

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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.

Further Reading

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