Sun Hung Kai Properties (OTCMKTS:SUHJY) Reaches New 12-Month High - Still a Buy?

Key Points

• Sun Hung Kai Properties Ltd. reached a new 52-week high, trading at $12.22 during mid-day on Tuesday, with a last recorded price of $12.11.
• The company's stock has seen significant growth, with a 50-day moving average of $11.26 and a 200-day moving average at $10.02.
• Sun Hung Kai Properties is involved in the development and investment of various properties, including residential estates and commercial spaces, primarily in Hong Kong and Mainland China.

Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $12.22 and last traded at $12.11, with a volume of 5220 shares traded. The stock had previously closed at $11.99.

Sun Hung Kai Properties Stock Performance

The stock has a 50 day moving average of $11.38 and a 200 day moving average of $10.08.

Sun Hung Kai Properties Company Profile

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.