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New World Development (OTCMKTS:NDVLY) Stock Passes Below Fifty Day Moving Average - What's Next?

New World Development logo with Finance background

New World Development Company Limited (OTCMKTS:NDVLY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.33 and traded as low as $0.30. New World Development shares last traded at $0.30, with a volume of 1,878 shares changing hands.

New World Development Price Performance

The stock has a fifty day simple moving average of $0.32 and a 200-day simple moving average of $0.36.

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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