United Development Funding IV (OTCMKTS:UDFI) Stock Crosses Below 200-Day Moving Average – What’s Next?

United Development Funding IV (OTCMKTS:UDFIGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.40 and traded as low as $1.29. United Development Funding IV shares last traded at $1.40, with a volume of 63,400 shares changing hands.

United Development Funding IV Trading Down 6.0 %

The stock’s fifty day moving average price is $1.40 and its 200 day moving average price is $1.40.

United Development Funding IV Company Profile

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United Development Funding IV invests in secured loans for the acquisition and development of land into single-family home lots, and the construction of model and new single-family homes. It also makes equity investments in residential real estate. The company has elected to be taxed as a real estate investment trust.

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