Melcor Developments (OTCMKTS:MODVF) Stock Price Down 0.4% – Here’s What Happened

Melcor Developments Ltd. (OTCMKTS:MODVF)’s stock price was down 0.4% on Tuesday. The company traded as low as $13.28 and last traded at $13.28. Approximately 100 shares were traded during 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 Performance

The company’s fifty day simple moving average is $13.31 and its 200-day simple moving average is $13.12.

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.