Nam Tai Property Inc. (NYSE:NTP)’s stock price fell 6.5% on Monday . The company traded as low as $26.86 and last traded at $27.09. 422 shares were traded during trading, a decline of 100% from the average session volume of 301,468 shares. The stock had previously closed at $28.96.
Separately, TheStreet downgraded shares of Nam Tai Property from a “b-” rating to a “c” rating in a research report on Friday, July 30th.
The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 26.70 and a beta of 0.94. The business’s 50-day simple moving average is $23.67 and its two-hundred day simple moving average is $20.29.
Nam Tai Property Company Profile (NYSE:NTP)
Nam Tai Property, Inc is a holding company, which engages in the business of real estate development and operation. It focuses on the research and development of Nam Tai Inno Park Project in Guangming, Shenzhen, and Nam Tai Inno City Project in Gushu, Shenzhen. The company was founded by Ming Kown Koo in 1975 and is headquartered in Shenzhen, China.
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