Shares of China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report) rose 7.3% during trading on Monday . The stock traded as high as $8.3850 and last traded at $8.3850. Approximately 210 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 5,320 shares. The stock had previously closed at $7.8175.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded China Overseas Land & Investment to a “hold” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, China Overseas Land & Investment has an average rating of “Hold”.
Read Our Latest Stock Report on CAOVY
China Overseas Land & Investment Trading Up 2.4%
About China Overseas Land & Investment
China Overseas Land & Investment (OTCMKTS: CAOVY) is a Hong Kong–based real estate developer and property investor with origins dating back to 1979. The company is a core subsidiary of China State Construction Engineering Corporation (CSCEC), one of the world’s largest construction and engineering conglomerates. Since its initial public offering on the Hong Kong Stock Exchange in the early 1990s, China Overseas Land & Investment has expanded its footprint to become one of the leading real estate groups in Greater China.
The company’s primary activities encompass residential and commercial property development, property investment, hotel operations and property management services.
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