Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.46 and traded as high as $3.71. Henderson Land Development shares last traded at $3.71, with a volume of 171,543 shares trading hands.
Henderson Land Development Price Performance
The company’s 50 day simple moving average is $3.45 and its two-hundred day simple moving average is $3.81. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.20.
Henderson Land Development Company Profile
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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