Ayala Land (OTCMKTS:AYAAF) Shares Down 0.7%

Ayala Land, Inc. (OTCMKTS:AYAAFGet Rating) shares dropped 0.7% on Tuesday . The stock traded as low as $0.43 and last traded at $0.43. Approximately 3,025 shares traded hands during trading, an increase of 39% from the average daily volume of 2,175 shares. The stock had previously closed at $0.44.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. raised Ayala Land from an “underweight” rating to a “neutral” rating in a research report on Wednesday, October 12th.

Ayala Land Stock Performance

The firm has a 50-day simple moving average of $0.47 and a two-hundred day simple moving average of $0.48.

About Ayala Land

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Ayala Land, Inc operates as a property developer in the Philippines. It operates through Property Developments, International, Shopping Centers, Offices, Hotels and Resorts, Construction, and Property Management and Others segments. The company sells high-end and upper middle-income residential lots and units, affordable housing units and lots, and economic housing and leisure community developments; leases residential developments under joint venture; acquires, develops, and sells large-scale, mixed-use, and master-planned communities; and sells override units.

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