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Hongkong Land (OTCMKTS:HNGKY) Stock Price Down 9.4% - What's Next?

Hongkong Land logo with Finance background

Shares of Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY - Get Free Report) were down 9.4% during trading on Tuesday . The company traded as low as $28.47 and last traded at $28.47. Approximately 1,887 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 3,982 shares. The stock had previously closed at $31.44.

Hongkong Land Trading Up 1.1%

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

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.

Further Reading

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