Hongkong Land (OTCMKTS:HNGKY) Sees Strong Trading Volume – Still a Buy?
by Doug Wharley · The Cerbat GemHongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 11,565 shares traded hands during mid-day trading, an increase of 83% from the previous session’s volume of 6,314 shares.The stock last traded at $39.43 and had previously closed at $38.76.
Hongkong Land Trading Down 1.0%
The business has a fifty day simple moving average of $33.64 and a 200 day simple moving average of $32.40.
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.
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