Charter Hall Group (OTCMKTS:CTOUF) Stock Price Down 2% – Here’s Why

Charter Hall Group (OTCMKTS:CTOUFGet Free Report) fell 2% during mid-day trading on Friday . The stock traded as low as $15.65 and last traded at $15.65. 1,582 shares traded hands during trading, an increase of 91% from the average session volume of 830 shares. The stock had previously closed at $15.9650.

Charter Hall Group Price Performance

The company’s 50-day simple moving average is $15.96 and its two-hundred day simple moving average is $15.12.

About Charter Hall Group

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Charter Hall Group (OTCMKTS:CTOUF) is an asset management firm specializing in real estate investment and fund management. Headquartered in Sydney, Australia, the company oversees a diversified portfolio of property assets spanning office, retail, industrial, logistics and social infrastructure sectors. Through a range of listed and unlisted funds, Charter Hall provides institutional and wholesale investors with access to income-generating real estate strategies across the Asia-Pacific region.

The firm’s core services include the acquisition, development and active management of commercial and industrial properties, as well as social infrastructure assets such as healthcare and education facilities.

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