Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY - Get Free Report) fell 4.1% during mid-day trading on Monday . The company traded as low as $39.89 and last traded at $39.89. 250 shares were traded during mid-day trading, a decline of 98% from the average session volume of 11,656 shares. The stock had previously closed at $41.59.
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, Based on data from MarketBeat, the company presently has an average rating of "Buy".
Read Our Latest Report on HNGKY
Hongkong Land Stock Down 1.4%
The business has a 50-day simple moving average of $41.81 and a two-hundred day simple moving average of $36.86. The company has a debt-to-equity ratio of 0.19, a current ratio of 8.35 and a quick ratio of 8.35.
About Hongkong Land
(
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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.
Further Reading
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