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Hongkong Land (OTCMKTS:HNGKY) Stock Price Down 7.5% - Time to Sell?

Hongkong Land logo with Finance background

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY - Get Free Report) traded down 7.5% during mid-day trading on Monday . The stock traded as low as $27.73 and last traded at $27.73. 2,330 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 4,058 shares. The stock had previously closed at $29.97.

Hongkong Land Trading Down 7.5%

The firm's 50-day moving average price is $26.07 and its 200 day moving average price is $23.29.

Hongkong Land Company Profile

(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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