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Hongkong Land (OTCMKTS:HNGKY) Shares Gap Down - Here's What Happened

Hongkong Land logo with Finance background

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $34.19, but opened at $31.08. Hongkong Land shares last traded at $32.00, with a volume of 789 shares.

Hongkong Land Price Performance

The firm's 50-day moving average is $27.62 and its 200-day moving average is $23.83. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.18.

About Hongkong Land

(Get Free Report)

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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