Hongkong Land (OTCMKTS:HNGKY) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKYGet Free Report)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $31.80 and traded as high as $32.83. Hongkong Land shares last traded at $32.02, with a volume of 2,199 shares changing hands.

Hongkong Land Trading Down 0.3%

The company’s fifty day simple moving average is $31.79 and its 200 day simple moving average is $30.33.

About Hongkong Land

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

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