Shares of China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $8.65, but opened at $8.00. China Overseas Land & Investment shares last traded at $8.00, with a volume of 396 shares traded.
China Overseas Land & Investment Stock Down 7.5%
The firm’s fifty day moving average price is $8.46 and its 200-day moving average price is $8.64.
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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