Henderson Land Development (OTCMKTS:HLDCY) Shares Gap Up – Should You Buy?

Henderson Land Development Co. (OTCMKTS:HLDCYGet Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $3.67, but opened at $3.8590. Henderson Land Development shares last traded at $3.8590, with a volume of 217 shares traded.

Henderson Land Development Stock Performance

The stock has a 50-day simple moving average of $3.66 and a two-hundred day simple moving average of $3.50.

Henderson Land Development Company Profile

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Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.

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