Hongkong Land (OTCMKTS:HNGKY) Shares Gap Down – Here’s What Happened
by Doug Wharley · The Cerbat GemHongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $40.70, but opened at $38.19. Hongkong Land shares last traded at $38.19, with a volume of 1,692 shares traded.
Hongkong Land Trading Up 0.8%
The stock’s fifty day simple moving average is $37.18 and its two-hundred day simple moving average is $39.85. The company has a quick ratio of 8.35, a current ratio of 8.35 and a debt-to-equity ratio of 0.19.
Hongkong Land Company Profile
Hongkong Land Holdings Limited (OTCMKTS: HNGKY) is a leading property investment, management and development group focused on premier real estate in Asia’s major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.
The group’s flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.