Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $39.99 and traded as high as $43.69. Hongkong Land shares last traded at $42.4401, with a volume of 5,330 shares.
Hongkong Land Stock Performance
The firm’s 50 day simple moving average is $39.99 and its 200-day simple moving average is $39.72. The company has a debt-to-equity ratio of 0.19, a quick ratio of 8.35 and a current ratio of 8.35.
Hongkong Land Company Profile
Hongkong Land Holdings Limited is a property investment, development and management company with a long-standing focus on premium real estate in Asia. Founded in 1889, the company has developed from its roots in Hong Kong into an Asia-focused real estate group.
The company owns and manages commercial properties, including office and retail assets, and provides property management and leasing services. Its flagship portfolio includes a substantial collection of prime properties in Hong Kong’s Central district, where it operates integrated office, retail, dining and lifestyle destinations.
Hongkong Land also participates in residential and mixed-use development projects in selected Asian markets, including mainland China and Southeast Asia.
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