Longfor Group (OTCMKTS:LGFRY) Hits New 52-Week Low – Here’s Why

Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) reached a new 52-week low on Monday. The company traded as low as C$6.64 and last traded at C$6.68, with a volume of 7290 shares traded. The stock had previously closed at C$6.88.

Longfor Group Price Performance

The firm’s fifty day moving average price is C$7.85 and its 200 day moving average price is C$9.07.

About Longfor Group

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Longfor Group Holdings Limited is a Chinese property development and management company founded in 1993. The group develops residential communities, commercial properties and mixed-use projects, with activities spanning the property life cycle from investment and development to operations and management.

In addition to residential development, Longfor operates shopping malls and other commercial assets, provides property management services, and develops rental housing and related long-term leasing businesses.

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