Pacific Alliance China Land (LON:PACL) Trading Down 99% – What’s Next?

Pacific Alliance China Land Limited (LON:PACLGet Free Report) was down 99% on Tuesday . The stock traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 57,447 shares were traded during mid-day trading, an increase of 256% from the average daily volume of 16,141 shares. The stock had previously closed at GBX 18 ($0.23).

Pacific Alliance China Land Stock Down 99.0 %

The company’s fifty day moving average is GBX 0.18 and its two-hundred day moving average is GBX 0.18. The firm has a market capitalization of £4,775.54 and a price-to-earnings ratio of -0.13.

Pacific Alliance China Land Company Profile

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Pacific Alliance China Land Limited (the Fund) is a closed-end investment company. The Fund’s investment objective is to provide shareholders with capital growth and a regular level of income from investments in existing properties, new developments, distressed projects and real estate companies in Greater China.

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