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Hongkong Land (OTCMKTS:HNGKY) Reaches New 52-Week High - Here's What Happened

Hongkong Land logo with Finance background

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY - Get Free Report) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $30.63 and last traded at $30.63, with a volume of 372 shares trading hands. The stock had previously closed at $28.05.

Hongkong Land Price Performance

The business has a 50 day simple moving average of $26.07 and a 200 day simple moving average of $23.29.

About Hongkong Land

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Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

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