Sumitomo Realty & Development (OTCMKTS:SURDF) Shares Down 5.5% – Should You Sell?

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDFGet Free Report) dropped 5.5% during trading on Wednesday . The company traded as low as $36.53 and last traded at $36.53. Approximately 1,159 shares traded hands during mid-day trading, an increase of 128% from the average daily volume of 508 shares. The stock had previously closed at $38.64.

Sumitomo Realty & Development Stock Down 5.5%

The business has a fifty day moving average of $38.27 and a 200 day moving average of $35.21.

About Sumitomo Realty & Development

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Sumitomo Realty & Development Co, Ltd. engages in the real estate business in Japan. It develops and leases office buildings, rental apartments, etc.; develops and sells condominium units, detached houses, etc.; and develops, leases, and sells properties, as well as operates and manages hotels, event halls, retail facilities, land lots, etc.

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