United Development Funding IV (OTCMKTS:UDFI – Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.40 and traded as high as $1.55. United Development Funding IV shares last traded at $1.40, with a volume of 63,400 shares trading hands.
United Development Funding IV Stock Performance
The firm’s 50 day moving average is $1.40 and its 200 day moving average is $1.40.
About United Development Funding IV
United Development Funding IV invests in secured loans for the acquisition and development of land into single-family home lots, and the construction of model and new single-family homes. It also makes equity investments in residential real estate. The company has elected to be taxed as a real estate investment trust.
Featured Articles
- Five stocks we like better than United Development Funding IV
- Breakout Stocks: What They Are and How to Identify Them
- Lucid’s Stock Price is Still in Reverse: New Lows Are Coming
- Financial Services Stocks Investing
- Generac Powers Ahead on the Electrification Mega-Trend
- Election Stocks: How Elections Affect the Stock Market
- PulteGroup Wins and Wins More on Interest Rate Cuts
Receive News & Ratings for United Development Funding IV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Development Funding IV and related companies with MarketBeat.com's FREE daily email newsletter.
