Ayala (OTCMKTS:AYALY) Stock Price Down 15% – Should You Sell?
by Doug Wharley · The Cerbat GemAyala Co. (OTCMKTS:AYALY – Get Free Report)’s stock price traded down 15% during mid-day trading on Wednesday . The stock traded as low as $7.38 and last traded at $7.38. 1,996 shares changed hands during trading, an increase of 101% from the average session volume of 995 shares. The stock had previously closed at $8.68.
Ayala Stock Down 15.0%
The company has a 50-day moving average price of $8.04 and a 200 day moving average price of $9.29.
About Ayala
Ayala Corporation is one of the Philippines’ oldest and largest diversified conglomerates, with origins tracing back to 1834. Listed in the United States as an American Depositary Receipt under the ticker AYALY, the company has built a broad portfolio of businesses that span multiple industries and sectors. Headquartered in Makati City, Ayala Corporation leverages its long history and corporate governance practices to drive sustainable growth and innovation in the markets it serves.
The company’s core business activities include real estate development, where its flagship subsidiary, Ayala Land, is a leading residential, commercial and mixed-use property developer across the Philippines.