New World Development Company Limited (OTCMKTS:NDVLY – Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.60 and traded as low as $0.50. New World Development shares last traded at $0.52, with a volume of 10,296 shares trading hands.
New World Development Stock Performance
The business’s 50-day simple moving average is $0.60 and its 200 day simple moving average is $0.74.
New World Development Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, April 25th. Stockholders of record on Thursday, March 21st will be paid a dividend of $0.0108 per share. The ex-dividend date of this dividend is Wednesday, March 20th.
About New World Development
New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as whole life, term, dread disease, medical, disability, and accident insurance products.
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