UOL Group (OTCMKTS:UOLGY) Cut to “Hold” at Zacks Research

Zacks Research downgraded shares of UOL Group (OTCMKTS:UOLGY) from a strong-buy rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

UOL Group Stock Down 2.0%

Shares of OTCMKTS UOLGY opened at $30.81 on Wednesday. The stock’s fifty day simple moving average is $33.51 and its two-hundred day simple moving average is $28.41. UOL Group has a 12-month low of $16.17 and a 12-month high of $38.25.

UOL Group Company Profile

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.