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New World Development (OTCMKTS:NDVLY) Sees Unusually-High Trading Volume - Should You Buy?

New World Development logo with Finance background

Shares of New World Development Co. (OTCMKTS:NDVLY - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 57,549 shares were traded during trading, an increase of 348% from the previous session's volume of 12,855 shares.The stock last traded at $0.40 and had previously closed at $0.37.

New World Development Stock Performance

The firm's 50-day moving average price is $0.33 and its 200 day moving average price is $0.33.

About New World Development

(Get Free Report)

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.

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