Shares of Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) were up 5% on Tuesday. The company traded as high as C$7.28 and last traded at C$7.27. Approximately 22,753 shares were traded during trading, a decline of 68% from the average daily volume of 71,835 shares. The stock had previously closed at C$6.92.
Longfor Group Stock Up 3.9%
The stock’s fifty day moving average price is C$8.03 and its 200-day moving average price is C$9.26.
About Longfor Group
Longfor Group Holdings Limited is a Chinese real estate company engaged in property development, commercial investment, and property management. Its activities include developing residential communities, operating shopping centers and other commercial properties, and providing related property management and operational services.
The company was established in 1993 by Wu Yajun and initially developed projects in Chongqing. It has since expanded its operations across major cities and metropolitan areas in mainland China, with a portfolio that includes residential, commercial, and rental-housing projects.
Longfor’s business is organized around property development, commercial operations, and services related to the management of residential and commercial assets.
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