China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $7.12 and last traded at $7.3824, with a volume of 10429 shares changing hands. The stock had previously closed at $7.6250.
China Overseas Land & Investment Stock Down 3.2%
The stock has a fifty day moving average price of $8.84 and a 200-day moving average price of $8.71.
China Overseas Land & Investment Company Profile
China Overseas Land & Investment (OTCMKTS: CAOVY) is a Hong Kong–based real estate developer and property investor with origins dating back to 1979. The company is a core subsidiary of China State Construction Engineering Corporation (CSCEC), one of the world’s largest construction and engineering conglomerates. Since its initial public offering on the Hong Kong Stock Exchange in the early 1990s, China Overseas Land & Investment has expanded its footprint to become one of the leading real estate groups in Greater China.
The company’s primary activities encompass residential and commercial property development, property investment, hotel operations and property management services.
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