Henderson Land Development (OTCMKTS:HLDCY) Shares Gap Down – What’s Next?

Henderson Land Development Co. (OTCMKTS:HLDCYGet Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $3.38, but opened at $3.20. Henderson Land Development shares last traded at $3.20, with a volume of 313 shares traded.

Henderson Land Development Price Performance

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 price is $3.51 and its 200-day moving average price is $3.72.

About Henderson Land Development

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Henderson Land Development Co Ltd. is a Hong Kong-based property developer and investment company. Founded in 1976 by Lee Shau Kee, the company develops and manages residential, commercial and mixed-use properties, with activities spanning property sales, leasing and real estate investment.

The company’s portfolio includes residential communities, office buildings, shopping centers and other commercial projects. Henderson Land also has interests in hotel operations and infrastructure-related businesses through associated companies and subsidiaries.

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