Sino Land (OTCMKTS:SNLAY) Stock Price Up 11.6% – Time to Buy?

Sino Land Co. (OTCMKTS:SNLAYGet Free Report) shares shot up 11.6% during trading on Thursday . The company traded as high as $7.0625 and last traded at $7.0625. Approximately 1,995 shares traded hands during trading, a decline of 53% from the average daily volume of 4,244 shares. The stock had previously closed at $6.33.

Sino Land Price Performance

The business has a 50 day moving average price of $6.79 and a 200-day moving average price of $7.48.

Sino Land Company Profile

(Get Free Report)

Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.

The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.

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