Melcor Developments (OTCMKTS:MODVF) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Melcor Developments Ltd. (OTCMKTS:MODVFGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.10 and traded as low as $8.25. Melcor Developments shares last traded at $8.42, with a volume of 9,628 shares traded.

Melcor Developments Stock Performance

The company’s 50-day moving average price is $8.73 and its 200 day moving average price is $9.09.

Melcor Developments Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Melcor Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melcor Developments and related companies with MarketBeat.com's FREE daily email newsletter.