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Sino Land (OTCMKTS:SNLAY) Trading Down 5.2% - Here's Why

Sino Land logo with Finance background

Key Points

  • Sino Land Co. shares fell by 5.2% to $6.07 during mid-day trading, significantly down from a previous close of $6.40.
  • Trading volume was drastically reduced to 293 shares, representing a 91% decline from the average session volume of 3,311 shares.
  • The company's property portfolio includes shopping malls, offices, industrial buildings, and residential properties, indicating diverse investment strategies.
  • MarketBeat previews the top five stocks to own by October 1st.

Sino Land Co. (OTCMKTS:SNLAY - Get Free Report) fell 5.2% during mid-day trading on Friday . The stock traded as low as $6.07 and last traded at $6.07. 293 shares were traded during mid-day trading, a decline of 91% from the average session volume of 3,311 shares. The stock had previously closed at $6.40.

Sino Land Price Performance

The company's 50 day simple moving average is $6.01 and its 200-day simple moving average is $5.41.

About Sino Land

(Get Free Report)

Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. It operates through six segments: Property Sales, Property Rental, Property Management and Other Services, Hotel Operations, Investments in Securities, and Financing. The company's property portfolio includes shopping malls, offices, industrial buildings, residentials and car parks.

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