Shares of Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) shot up 11.6% during trading on Thursday . The stock traded as high as $7.0625 and last traded at $7.0625. Approximately 1,995 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 4,244 shares. The stock had previously closed at $6.33.
Sino Land Stock Performance
The firm has a 50-day moving average price of $6.79 and a 200 day moving average price of $7.47.
About Sino Land
Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.
The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.
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