China Overseas Land & Investment (OTCMKTS:CAOVY) Stock Price Up 0.2% – Time to Buy?

China Overseas Land & Investment Limited (OTCMKTS:CAOVY)’s share price was up 0.2% on Wednesday . The company traded as high as $9.81 and last traded at $9.44. Approximately 8,953 shares traded hands during trading, an increase of 203% from the average daily volume of 2,952 shares. The stock had previously closed at $9.4220.

China Overseas Land & Investment Stock Up 0.2%

The stock has a fifty day moving average of $8.53 and a 200-day moving average of $8.76.

About China Overseas Land & Investment

China Overseas Land & Investment (OTCMKTS: CAOVY) is a Hong Kong–based real estate developer and property investor with origins dating back to 1979. The company is a core subsidiary of China State Construction Engineering Corporation (CSCEC), one of the world’s largest construction and engineering conglomerates. Since its initial public offering on the Hong Kong Stock Exchange in the early 1990s, China Overseas Land & Investment has expanded its footprint to become one of the leading real estate groups in Greater China.

The company’s primary activities encompass residential and commercial property development, property investment, hotel operations and property management services.