Shimao Group (OTCMKTS:SIOPF) Stock Price Down 2.8% – Here’s Why

Shimao Group Holdings Limited (OTCMKTS:SIOPFGet Free Report)’s stock price was down 2.8% on Friday . The company traded as low as $0.10 and last traded at $0.10. Approximately 5,000 shares traded hands during mid-day trading, an increase of 121% from the average daily volume of 2,267 shares. The stock had previously closed at $0.11.

Shimao Group Stock Performance

The stock has a fifty day simple moving average of $0.16 and a 200-day simple moving average of $0.16.

Shimao Group Company Profile

(Get Free Report)

Shimao Group Holdings Limited, an investment holding company, engages in the property development and investment business in the People’s Republic of China. The company develops and invests residential and commercial properties; and operates hotels and shopping malls. It is also involved in the trading of construction materials; management services; and property management activities.

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