Ayala Land (OTCMKTS:AYAAF) Shares Down 17.2% – Time to Sell?

Ayala Land, Inc. (OTCMKTS:AYAAFGet Free Report)’s share price was down 17.2% on Wednesday . The stock traded as low as $0.48 and last traded at $0.48. Approximately 100 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 9,566 shares. The stock had previously closed at $0.58.

Ayala Land Price Performance

The company’s fifty day simple moving average is $0.59 and its two-hundred day simple moving average is $0.54.

About Ayala Land

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Ayala Land, Inc operates as a property developer in the Philippines. It operates through Property Developments, International, Shopping Centers, Offices, Hotels and Resorts, Construction, and Property Management and Others segments. The company sells high-end and upper middle-income residential lots and units, affordable housing units and lots, and economic housing and leisure community developments; leases residential developments under joint venture; acquires, develops, and sells large-scale, mixed-use, and master-planned communities; and sells override units.

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