Longfor Group (OTCMKTS:LGFRY) Shares Gap Up – Still a Buy?

Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report)’s share price gapped up prior to trading on Friday. The stock had previously closed at C$6.11, but opened at C$6.50. Longfor Group shares last traded at C$6.50, with a volume of 139 shares.

Longfor Group Price Performance

The business has a 50 day simple moving average of C$7.54 and a 200-day simple moving average of C$8.87.

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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