Shares of Melcor Developments Ltd. (OTCMKTS:MODVF – Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $9.32 and traded as low as $8.55. Melcor Developments shares last traded at $8.55, with a volume of 352 shares changing hands.
Melcor Developments Price Performance
The business’s 50-day moving average is $9.32 and its 200 day moving average is $9.08.
About Melcor Developments
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses.
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