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Hang Lung Properties (OTCMKTS:HLPPY) Stock Price Passes Above Fifty Day Moving Average - What's Next?

Hang Lung Properties logo with Finance background

Key Points

  • Hang Lung Properties stock has crossed above its 50-day moving average, opening at $5.22 before last trading at $5.17.
  • The company has a debt-to-equity ratio of 0.34 and a current and quick ratio of 0.72, indicating its liquidity position.
  • Hang Lung Properties is primarily involved in property investment, development, and management activities in Hong Kong and Mainland China.
  • Want stock alerts on Hang Lung Properties? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.50 and traded as high as $5.22. Hang Lung Properties shares last traded at $5.17, with a volume of 7,329 shares traded.

Hang Lung Properties Stock Performance

The stock's fifty day moving average is $4.55 and its two-hundred day moving average is $4.20. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.72 and a quick ratio of 0.72.

About Hang Lung Properties

(Get Free Report)

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.

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