Hang Lung Properties Ltd. (OTCMKTS:HLPPY – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday. The company traded as low as $4.00 and last traded at $4.00, with a volume of 8,683 shares traded. The stock had previously closed at $4.1050.
Analyst Ratings Changes
Separately, Zacks Research raised shares of Hang Lung Properties to a “hold” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, Hang Lung Properties presently has an average rating of “Hold”.
View Our Latest Stock Report on Hang Lung Properties
Hang Lung Properties Price Performance
The company has a 50 day simple moving average of $4.35 and a 200 day simple moving average of $4.86.
About Hang Lung Properties
Hang Lung Properties Limited is a Hong Kong-based property developer, owner and manager with a portfolio spanning Hong Kong and mainland China. The company develops and operates premium commercial properties, including shopping malls, office buildings and hotels, as well as residential projects.
Its Hong Kong portfolio includes major properties such as Plaza 66, an upscale retail and office complex in Central, and other residential and commercial developments. In mainland China, Hang Lung Properties operates projects in several major cities, including Shanghai, Shenyang, Jinan, Wuhan, Wuxi, Kunming and Hangzhou.
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