Ayala Land (OTCMKTS:AYAAF) Trading Down 11.6% – What’s Next?

Ayala Land, Inc. (OTCMKTS:AYAAFGet Free Report)’s share price fell 11.6% during mid-day trading on Thursday . The company traded as low as $0.58 and last traded at $0.58. 800 shares were traded during mid-day trading, a decline of 92% from the average session volume of 9,566 shares. The stock had previously closed at $0.65.

Ayala Land Price Performance

The business’s fifty day moving average price is $0.58 and its 200-day moving average price is $0.52.

About Ayala Land

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Ayala Land, Inc operates as a property developer in the Philippines. It operates through Property Developments, International, Shopping Centers, Offices, Hotels and Resorts, Construction, and Property Management and Others segments. The company sells high-end and upper middle-income residential lots and units, affordable housing units and lots, and economic housing and leisure community developments; leases residential developments under joint venture; acquires, develops, and sells large-scale, mixed-use, and master-planned communities; and sells override units.

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