Sino Land (OTCMKTS:SNLAY) Sets New 12-Month Low – Should You Sell?

Sino Land Co. (OTCMKTS:SNLAY – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $5.94 and last traded at $6.56, with a volume of 3392 shares traded. The stock had previously closed at $6.4751.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Sino Land to a “hold” rating in a research report on Thursday, September 3rd. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Sino Land currently has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on Sino Land

Sino Land Stock Up 9.5%

The stock has a 50 day simple moving average of $6.78 and a 200-day simple moving average of $7.29.

About Sino Land

(Get Free Report)

Sino Land Company Limited is a Hong Kong-based property developer, investor and operator. Established in 1972, the company is part of Sino Group and focuses primarily on the development and management of residential, commercial, retail and mixed-use properties.

The company’s activities include property development, investment properties, property management and hospitality. Its portfolio includes residential communities, office buildings, shopping centers and integrated developments, as well as hotels and serviced residences operated through its hospitality businesses.

Sino Land’s operations are concentrated mainly in Hong Kong, where it has developed and manages properties across major urban districts.

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