Hongkong Land (OTCMKTS:HNGKY) Shares Gap Up – Still a Buy?

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKYGet Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $31.70, but opened at $33.65. Hongkong Land shares last traded at $32.5340, with a volume of 926 shares changing hands.

Hongkong Land Price Performance

The business’s fifty day simple moving average is $31.63 and its 200-day simple moving average is $30.69.

About Hongkong Land

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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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