Sun Hung Kai Properties (OTCMKTS:SUHJY - Get Free Report) was downgraded by equities research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Monday,Zacks.com reports.
Sun Hung Kai Properties Price Performance
Shares of OTCMKTS:SUHJY opened at $17.78 on Monday. Sun Hung Kai Properties has a 52-week low of $8.77 and a 52-week high of $18.67. The business's 50 day moving average is $17.26 and its 200 day moving average is $14.47.
About Sun Hung Kai Properties
(
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Sun Hung Kai Properties OTCMKTS: SUHJY is a Hong Kong-based real estate developer and property investor, widely recognized as one of the territory's largest and most influential property companies. The firm is primarily engaged in the development, sale and leasing of residential, commercial and industrial properties, as well as the ownership and management of investment properties such as shopping centres, office towers and hotels. It is listed on the Hong Kong Stock Exchange and also maintains an over‑the‑counter quotation in the United States.
The company's core activities include land acquisition and project development, property sales, long‑term leasing and property management.
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