Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) saw strong trading volume on Monday . Approximately 79,980 shares changed hands during mid-day trading, an increase of 96% from the previous session’s volume of 40,746 shares.The stock last traded at $3.49 and had previously closed at $3.4899.
Henderson Land Development Stock Performance
The stock has a 50 day simple moving average of $3.38 and a 200 day simple moving average of $3.79. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.33 and a current ratio of 3.33.
About Henderson Land Development
Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.
The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.
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