Ayala Land (OTCMKTS:AYAAF) Trading Up 10.1% – Here’s Why

Ayala Land, Inc. (OTCMKTS:AYAAFGet Free Report)’s share price shot up 10.1% during mid-day trading on Friday . The company traded as high as $0.3860 and last traded at $0.3860. 5,000 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 4,347 shares. The stock had previously closed at $0.3506.

Ayala Land Stock Performance

The stock’s 50-day moving average price is $0.34 and its 200-day moving average price is $0.42.

About Ayala Land

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Ayala Land, Inc is a leading real estate developer in the Philippines and a wholly owned subsidiary of Ayala Corporation. Founded in 1988 and headquartered in Makati City, the company specializes in master‐planned communities, residential developments, retail centers, office buildings and hotels. Over the years, Ayala Land has built a reputation for integrated mixed‐use estates that combine living, working, shopping and leisure facilities in strategic locations across the country.

The company’s residential portfolio spans a range of market segments through brands such as Avida Land for mid‐range homes, Alveo Land for upscale urban properties, and Ayala Land Premier for luxury developments.

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