China Overseas Land & Investment (OTCMKTS:CAOVY - Get Free Report) was upgraded by investment analysts at Zacks Research to a "hold" rating in a research note issued to investors on Thursday,Zacks.com reports.
China Overseas Land & Investment Price Performance
Shares of China Overseas Land & Investment stock opened at $7.61 on Thursday. The firm has a fifty day moving average price of $8.48 and a 200 day moving average price of $8.56. China Overseas Land & Investment has a 1 year low of $7.03 and a 1 year high of $9.81.
China Overseas Land & Investment Company Profile
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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.
Further Reading
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