Shimao Group Holdings Limited (OTCMKTS:SIOPF – Get Free Report) shares fell 21.3% during mid-day trading on Wednesday . The company traded as low as $0.15 and last traded at $0.15. 10,000 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 22,341 shares. The stock had previously closed at $0.19.
Shimao Group Stock Performance
The company has a 50 day moving average price of $0.19 and a 200 day moving average price of $0.15.
About Shimao Group
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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