Shares of Melcor Developments Ltd. (OTCMKTS:MODVF – Get Free Report) dropped 0.4% during mid-day trading on Tuesday. The company traded as low as $13.28 and last traded at $13.28. Approximately 100 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 1,072 shares. The stock had previously closed at $13.33.
Melcor Developments Stock Down 0.4%
The business has a 50 day moving average of $13.31 and a 200-day moving average of $13.11.
Melcor Developments Company Profile
Melcor Developments Ltd. is a Canadian real estate development and management company headquartered in Edmonton, Alberta. The company develops, owns and manages a diversified portfolio of commercial and residential properties, with activities spanning land development, income-producing real estate and community development. Its commercial real estate activities include office, retail and industrial properties, while its residential operations include the development of land and master-planned communities.
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