Ingenia Communities Group (OTC:INGEF) Shares Down 10.1% – Here’s Why

Shares of Ingenia Communities Group (OTC:INGEFGet Free Report) dropped 10.1% on Tuesday . The company traded as low as $3.21 and last traded at $3.21. Approximately 424 shares traded hands during trading, an increase of 104% from the average daily volume of 208 shares. The stock had previously closed at $3.57.

Ingenia Communities Group Price Performance

The business has a 50 day simple moving average of $3.46 and a 200 day simple moving average of $3.55.

Ingenia Communities Group Company Profile

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Ingenia Communities Group (ASX:INA) is a leading operator, owner and developer offering quality residential communities and holiday accommodation. Listed on the Australian Securities Exchange, the Group is included in the S&P/ASX 200. Across Ingenia Lifestyle, Ingenia Gardens, Ingenia Holidays and Ingenia Rental, the Group's $2.3 billion property portfolio includes 107 communities and development sites and is continuing to grow.

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