China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report) shot up 6.8% during mid-day trading on Thursday. The company traded as high as $8.50 and last traded at $8.50. 591 shares were traded during trading, a decline of 92% from the average session volume of 7,452 shares. The stock had previously closed at $7.96.
China Overseas Land & Investment Stock Up 1.6%
The company has a 50 day moving average of $8.41 and a 200 day moving average of $8.63.
About China Overseas Land & Investment
China Overseas Land & Investment Limited is a property developer and real estate investment company headquartered in Hong Kong. The company is a subsidiary of China State Construction Engineering Corporation and is principally engaged in the development, investment and operation of residential and commercial properties.
Its activities include developing housing projects, office buildings, shopping centers and other mixed-use properties. The company also participates in urban redevelopment and related real estate services, with property management and operational activities supporting some of its developments.
China Overseas Land & Investment has operations across mainland China, Hong Kong and Macau.
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