China Vanke (OTCMKTS:CHVKY) Shares Down 12.4% – What’s Next?

China Vanke Co., Ltd. (OTCMKTS:CHVKYGet Free Report) shares were down 12.4% during mid-day trading on Friday . The stock traded as low as $0.2372 and last traded at $0.2372. Approximately 4,000 shares traded hands during trading, a decline of 72% from the average daily volume of 14,186 shares. The stock had previously closed at $0.2708.

China Vanke Stock Performance

The stock’s 50-day moving average is $0.26 and its 200-day moving average is $0.28.

About China Vanke

(Get Free Report)

China Vanke Co, Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. The company operates through Property Development and Property Management segments. It develops residential buildings, retail properties, and commercial offices.

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