Hongkong Land (OTCMKTS:HNGKY) Shares Gap Down – Should You Sell?

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKYGet Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $36.30, but opened at $34.9550. Hongkong Land shares last traded at $35.24, with a volume of 1,799 shares changing hands.

Hongkong Land Stock Performance

The stock’s 50-day simple moving average is $32.01 and its 200 day simple moving average is $31.40.

Hongkong Land Company Profile

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

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