Shares of Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) shot up 0.7% during mid-day trading on Wednesday . The company traded as high as C$13.21 and last traded at C$12.83. 4,491 shares were traded during mid-day trading, a decline of 69% from the average session volume of 14,714 shares. The stock had previously closed at C$12.74.
Longfor Group Price Performance
The company’s 50 day simple moving average is C$13.22 and its 200 day simple moving average is C$14.15.
Longfor Group Increases Dividend
The business also recently declared a dividend, which will be paid on Wednesday, April 23rd. Investors of record on Tuesday, February 25th will be issued a $0.3034 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This is a boost from Longfor Group’s previous dividend of $0.28.
Longfor Group Company Profile
Longfor Group Holdings Limited, an investment holding company, engages in the property development, investment, and management businesses in the People's Republic of China. It operates through three segments: Property Development, Investment Property Operation, and Services and Others. The Property Development segment develops and sells office and commercial premises, and residential properties.
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