China Overseas Land & Investment (OTCMKTS:SIOPF) Shares Down 6.5%

Shares of China Overseas Land & Investment Limited (OTCMKTS:SIOPF) were down 6.5% during trading on Friday . The company traded as low as $4.16 and last traded at $4.16, approximately 948 shares were traded during mid-day trading. A decline of 77% from the average daily volume of 4,185 shares. The stock had previously closed at $4.45.

The firm’s 50-day moving average price is $4.21.

About China Overseas Land & Investment (OTCMKTS:SIOPF)

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

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