Sino Land (OTCMKTS:SNLAY) Shares Gap Up – Time to Buy?

Sino Land Co. (OTCMKTS:SNLAY) gapped up before the market opened on Friday . The stock had previously closed at $6.33, but opened at $6.96. Sino Land shares last traded at $6.96, with a volume of 210 shares trading hands.

Sino Land Stock Down 6.6%

The stock has a 50 day moving average price of $6.79 and a 200-day moving average price of $7.48.

Sino Land Company Profile

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.