Stockland (OTCMKTS:STKAF) Stock Price Down 4.5% – Here’s Why

Stockland (OTCMKTS:STKAF) shares fell 4.5% during mid-day trading on Wednesday . The stock traded as low as $3.39 and last traded at $3.39. 895 shares changed hands during trading, a decline of 85% from the average session volume of 5,797 shares. The stock had previously closed at $3.55.

Stockland Trading Down 4.5%

The company’s fifty day simple moving average is $3.53 and its 200-day simple moving average is $3.30.

Stockland Company Profile

We are a leading creator and curator of connected communities with people at the heart of the places we create. For more than 70 years, we have built a proud legacy, helping more Australians achieve the dream of home ownership, and enabling the future of work and retail. Today, we continue to build on our history as one of Australia's largest diversified property groups to elevate the social value of our places, and create a tangible sense of human connection, belonging and community for our customers.