Sumitomo Realty & Development (OTCMKTS:SURDF) Shares Down 4.6% – Should You Sell?

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDFGet Free Report)’s share price traded down 4.6% on Tuesday . The company traded as low as $24.3940 and last traded at $24.3940. 192 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 889 shares. The stock had previously closed at $25.5643.

Sumitomo Realty & Development Trading Down 4.6%

The company has a 50 day simple moving average of $42.73 and a 200 day simple moving average of $41.64.

About Sumitomo Realty & Development

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Sumitomo Realty & Development Co, Ltd. (OTCMKTS:SURDF) is one of Japan’s foremost comprehensive real estate developers. Headquartered in Tokyo, the company engages in the development, leasing and management of a wide range of properties. Its portfolio spans office buildings, residential condominiums, retail facilities, hotels and leisure complexes, reflecting a diversified approach to land use and urban development.

In addition to its core property development activities, Sumitomo Realty provides integrated property management services, including leasing, maintenance and building operations.

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