Ayala Land (OTCMKTS:AYAAF) Trading Up 1.4% – What’s Next?

by · The Markets Daily

Ayala Land, Inc. (OTCMKTS:AYAAFGet Free Report)’s share price shot up 1.4% during trading on Thursday . The stock traded as high as $0.34 and last traded at $0.34. 10,000 shares traded hands during trading, an increase of 598% from the average session volume of 1,433 shares. The stock had previously closed at $0.3353.

Ayala Land Stock Performance

The company’s 50-day simple moving average is $0.36 and its 200 day simple moving average is $0.43.

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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