SM Investments (OTCMKTS:SVTMF) Stock Price Down 6.7% – Here’s Why

SM Investments Co. (OTCMKTS:SVTMFGet Free Report) was down 6.7% during trading on Friday . The company traded as low as C$15.71 and last traded at C$16.00. Approximately 201 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 367 shares. The stock had previously closed at C$17.15.

SM Investments Stock Performance

The company’s 50 day moving average is C$15.36 and its 200 day moving average is C$15.27.

SM Investments Company Profile

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SM Investments Corporation, together with its subsidiaries, invests in retail, banking, and property businesses in the Philippines. The company operates through Property, Retail, Banking, and Portfolio Investments segments. The Property segment develops, conducts, operates, and maintains commercial shopping centers, amusement centers, and cinema theaters within the shopping centers; develops and transforms residential, commercial, entertainment, and tourism districts; and operates hotels and convention centers.

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