China Vanke Co., Ltd. (OTCMKTS:CHVKY – Get Free Report)’s stock price was up 62.5% during trading on Tuesday . The stock traded as high as $0.2662 and last traded at $0.26. Approximately 6,292 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 13,300 shares. The stock had previously closed at $0.16.
China Vanke Stock Performance
The firm’s 50 day simple moving average is $0.16 and its 200-day simple moving average is $0.23.
About China Vanke
China Vanke Co, Ltd., founded in 1984 and headquartered in Shenzhen, Guangdong Province, is one of China’s largest residential property developers. The company initially focused on large-scale housing projects and has since expanded its offerings to include integrated urban communities combining residential, commercial and public service facilities.
Vanke’s core activities encompass land acquisition, property development and construction of high-quality residential buildings. In addition to its residential portfolio, the company invests in and operates shopping centers, office towers and logistics warehouses.
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