Ingenia Communities Group (OTC:INGEF) Shares Down 21% – Should You Sell?

Ingenia Communities Group (OTC:INGEFGet Free Report)’s share price dropped 21% during mid-day trading on Tuesday . The company traded as low as $2.15 and last traded at $2.15. Approximately 374 shares traded hands during trading, a decline of 85% from the average daily volume of 2,510 shares. The stock had previously closed at $2.72.

Ingenia Communities Group Price Performance

The stock’s 50-day moving average price is $3.40 and its 200 day moving average price is $3.54.

About Ingenia Communities Group

(Get Free Report)

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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