New World Development (OTCMKTS:NDVLY) Stock Price Passes Above Fifty Day Moving Average of $0.46

New World Development Company Limited (OTCMKTS:NDVLYGet Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.46 and traded as high as $0.57. New World Development shares last traded at $0.45, with a volume of 7,353 shares.

New World Development Stock Performance

The firm has a fifty day moving average price of $0.46 and a 200 day moving average price of $0.51.

About New World Development

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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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