Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report)’s share price dropped 8.6% on Tuesday . The stock traded as low as $3.40 and last traded at $3.40. 10,255 shares were traded during trading, a decline of 78% from the average daily volume of 46,312 shares. The stock had previously closed at $3.72.
Henderson Land Development Trading Up 0.9%
The company has a debt-to-equity ratio of 0.20, a current ratio of 3.33 and a quick ratio of 3.33. The stock’s 50 day moving average is $3.47 and its two-hundred day moving average is $3.75.
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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