Sino Land Company Limited (OTCMKTS:SNLAY)’s stock price traded up 2.3% during mid-day trading on Thursday . The stock traded as high as $6.43 and last traded at $6.39. 2,100 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 2,033 shares. The stock had previously closed at $6.25.
Separately, The Goldman Sachs Group lowered Sino Land from a “buy” rating to a “sell” rating in a research note on Monday, November 22nd.
The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average of $6.23 and a 200-day moving average of $7.08.
Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. It operates through six segments: Property Sales, Property Rental, Property Management and Other Services, Hotel Operations, Investments in Securities, and Financing. The company's property portfolio includes office, industrial, and residential buildings, as well as shopping malls, car parks, and hotels.
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