China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 10,417 shares changed hands during mid-day trading, an increase of 181% from the previous session’s volume of 3,713 shares.The stock last traded at $8.00 and had previously closed at $7.9310.
China Overseas Land & Investment Trading Down 4.1%
The firm’s 50-day moving average price is $8.82 and its 200 day moving average price is $8.71.
About China Overseas Land & Investment
China Overseas Land & Investment (OTCMKTS: CAOVY) is a Hong Kong–based real estate developer and property investor with origins dating back to 1979. The company is a core subsidiary of China State Construction Engineering Corporation (CSCEC), one of the world’s largest construction and engineering conglomerates. Since its initial public offering on the Hong Kong Stock Exchange in the early 1990s, China Overseas Land & Investment has expanded its footprint to become one of the leading real estate groups in Greater China.
The company’s primary activities encompass residential and commercial property development, property investment, hotel operations and property management services.
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