Longfor Group (OTCMKTS:LGFRY) Reaches New 52-Week Low – Here’s What Happened

Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$7.42 and last traded at C$7.42, with a volume of 206 shares. The stock had previously closed at C$7.70.

Longfor Group Price Performance

The business’s fifty day moving average price is C$8.29 and its 200 day moving average price is C$9.96.

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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