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

Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at C$8.81, but opened at C$8.31. Longfor Group shares last traded at C$8.25, with a volume of 700 shares traded.

Longfor Group Stock Up 5.5%

The firm has a fifty day simple moving average of C$8.61 and a 200 day simple moving average of C$10.36.

About Longfor Group

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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.

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