Henderson Land Development (OTCMKTS:HLDCY) Shares Gap Up – Here’s What Happened

by · The Markets Daily

Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $3.63, but opened at $3.88. Henderson Land Development shares last traded at $3.6575, with a volume of 1,806 shares traded.

Henderson Land Development Price Performance

The stock’s 50 day simple moving average is $3.67 and its 200-day simple moving average is $3.52.

Henderson Land Development Company Profile

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Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.

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