Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report)’s share price dropped 5.8% during mid-day trading on Wednesday. The stock traded as low as $40.3050 and last traded at $40.3050. Approximately 6,598 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 18,059 shares. The stock had previously closed at $42.7723.
Hongkong Land Stock Down 4.5%
The company’s 50-day moving average is $41.34 and its two-hundred day moving average is $39.71. The company has a current ratio of 8.35, a quick ratio of 8.35 and a debt-to-equity ratio of 0.19.
Hongkong Land Company Profile
Hongkong Land Holdings Limited is a property investment, management and development company with a long history in Asia. Established in 1889, the company is a member of the Jardine Matheson Group and is best known for its portfolio of premium commercial properties in Hong Kong’s Central district.
The company owns and operates office buildings, retail centers and other commercial properties, providing leasing, property management and related services. Its Hong Kong portfolio includes prominent office and retail developments serving multinational corporations, financial institutions, retailers and consumers.
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