Shares of China Overseas Land & Investment Limited (OTCMKTS:CAOVY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $8.25, but opened at $7.7508. China Overseas Land & Investment shares last traded at $7.92, with a volume of 576 shares.
Wall Street Analyst Weigh In
Separately, Zacks Research raised shares of China Overseas Land & Investment to a "hold" rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, China Overseas Land & Investment currently has a consensus rating of "Hold".
Check Out Our Latest Stock Report on China Overseas Land & Investment
China Overseas Land & Investment Trading Up 1.7%
The stock's 50-day moving average is $8.43 and its 200-day moving average is $8.54.
About China Overseas Land & Investment
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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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