SM Investments Co. (OTCMKTS:SVTMF – Get Free Report) shares traded down 11.1% on Tuesday. The stock traded as low as C$8.00 and last traded at C$8.00. 1,000 shares traded hands during mid-day trading, an increase of 84% from the average session volume of 543 shares. The stock had previously closed at C$9.00.
SM Investments Price Performance
The stock’s 50 day simple moving average is C$9.61 and its two-hundred day simple moving average is C$10.12.
SM Investments Company Profile
SM Investments Corporation is a Philippine investment holding company with interests spanning retail, property development and banking. The company traces its origins to a shoe store established by Henry Sy Sr. in Manila in 1958 and has since developed into one of the Philippines’ largest diversified business groups.
Through its retail businesses, SM Investments is involved in department stores, supermarkets, specialty stores and other consumer-related formats. Its property interests are primarily held through SM Prime Holdings, which develops and operates shopping malls, residential projects, offices, hotels and convention centers.
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