Shares of Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at C$10.01, but opened at C$9.53. Longfor Group shares last traded at C$9.54, with a volume of 2,119 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Longfor Group to a “hold” rating in a report on Wednesday, April 15th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
Read Our Latest Stock Analysis on Longfor Group
Longfor Group Trading Down 2.3%
About Longfor Group
Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.
In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.
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