Sino Land (OTCMKTS:SNLAY) Shares Gap Down – Time to Sell?

Sino Land Co. (OTCMKTS:SNLAYGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $7.1175, but opened at $6.58. Sino Land shares last traded at $6.58, with a volume of 162 shares.

Analyst Ratings Changes

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

Check Out Our Latest Stock Analysis on SNLAY

Sino Land Stock Down 4.6%

The stock has a fifty day moving average of $6.77 and a 200-day moving average of $7.38.

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.

Further Reading

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