Longfor Group (OTCMKTS:LGFRY) Shares Gap Up – Here’s What Happened

Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at C$7.71, but opened at C$8.12. Longfor Group shares last traded at C$8.46, with a volume of 10,233 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Longfor Group to a “hold” rating in a research report on Wednesday, April 15th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Longfor Group presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on Longfor Group

Longfor Group Stock Up 3.0%

The business’s fifty day simple moving average is C$9.76 and its 200 day simple moving average is C$10.92.

About Longfor Group

(Get Free Report)

Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.

In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.

Further Reading

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