UOL Group (OTCMKTS:UOLGY) Downgraded to Hold Rating by Zacks Research

Zacks Research lowered shares of UOL Group (OTCMKTS:UOLGY) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

UOL Group Price Performance

Shares of OTCMKTS:UOLGY opened at $31.46 on Wednesday. The business’s 50 day simple moving average is $33.48 and its 200 day simple moving average is $28.36. UOL Group has a 1 year low of $16.17 and a 1 year high of $38.25.

About UOL Group

UOL Group Limited is a Singapore-based diversified property company with core activities in real estate development, hospitality operations and asset management. The company develops residential, commercial and mixed-use projects, and holds investment properties in strategic locations across Singapore and other Asia-Pacific markets. Its real estate portfolio encompasses condominiums, office towers and retail spaces, reflecting a focus on urban regeneration and integrated community living.

In property development, UOL Group has delivered a range of landmark projects, from city-fringe residential estates to high-end commercial complexes.