Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY - Get Free Report) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 47,200 shares, a decrease of 33.4% from the September 15th total of 70,900 shares. Based on an average daily trading volume, of 115,700 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 115,700 shares, the short-interest ratio is presently 0.4 days.
Sun Hung Kai Properties Stock Performance
SUHJY stock traded down $0.27 during midday trading on Wednesday, reaching $12.06. The company's stock had a trading volume of 1,172 shares, compared to its average volume of 89,099. The stock has a fifty day simple moving average of $12.08 and a two-hundred day simple moving average of $11.18. Sun Hung Kai Properties has a 1 year low of $8.19 and a 1 year high of $12.70.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on SUHJY shares. Zacks Research lowered Sun Hung Kai Properties from a "strong-buy" rating to a "hold" rating in a report on Friday, September 12th. UBS Group lowered Sun Hung Kai Properties from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 16th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of "Hold".
Read Our Latest Research Report on Sun Hung Kai Properties
About Sun Hung Kai Properties
(
Get Free Report)
Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder's comprehensive, fire, employees' compensation, travel, personal accident, motor vehicles, contractors' all risks, third party liability, and property all risks.
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