UOL Group (OTCMKTS:UOLGY) Trading 0.4% Higher – Here’s Why

UOL Group Limited (OTCMKTS:UOLGY)’s stock price was up 0.4% during trading on Wednesday . The company traded as high as $32.09 and last traded at $32.0245. Approximately 8,562 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 11,512 shares. The stock had previously closed at $31.90.

Analysts Set New Price Targets

Separately, Zacks Research raised UOL Group to a “hold” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

UOL Group Stock Up 0.4%

The company’s 50 day moving average is $27.65 and its 200-day moving average is $24.94.

About UOL Group

UOL Group Limited is a Singapore-based diversified property company with core activities in real estate development, hospitality operations and asset management. The company develops residential, commercial and mixed-use projects, and holds investment properties in strategic locations across Singapore and other Asia-Pacific markets. Its real estate portfolio encompasses condominiums, office towers and retail spaces, reflecting a focus on urban regeneration and integrated community living.

In property development, UOL Group has delivered a range of landmark projects, from city-fringe residential estates to high-end commercial complexes.