Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY - Get Free Report)'s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $40.84 and traded as low as $38.4724. Hongkong Land shares last traded at $40.40, with a volume of 19,506 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded Hongkong Land to a "buy" rating in a report on Tuesday, February 3rd. One analyst has rated the stock with a Buy rating, According to MarketBeat, Hongkong Land presently has a consensus rating of "Buy".
View Our Latest Report on HNGKY
Hongkong Land Trading Up 2.3%
The company has a quick ratio of 8.35, a current ratio of 8.35 and a debt-to-equity ratio of 0.19. The company has a fifty day moving average of $40.84 and a 200-day moving average of $37.65.
Hongkong Land Company Profile
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Hongkong Land Holdings Limited OTCMKTS: HNGKY is a leading property investment, management and development group focused on premier real estate in Asia's major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.
The group's flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.
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