Sino Land (OTCMKTS:SNLAY) Hits New 1-Year Low – Time to Sell?

Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) shares hit a new 52-week low on Thursday . The stock traded as low as $5.94 and last traded at $6.56, with a volume of 3392 shares trading hands. The stock had previously closed at $6.4751.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Sino Land to a “hold” rating in a report on Thursday, September 3rd. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Read Our Latest Report on SNLAY

Sino Land Stock Performance

The company’s 50 day moving average price is $6.78 and its two-hundred day moving average price is $7.29.

About Sino Land

(Get Free Report)

Sino Land Company Limited is a Hong Kong-based property developer, investor and operator. Established in 1972, the company is part of Sino Group and focuses primarily on the development and management of residential, commercial, retail and mixed-use properties.

The company’s activities include property development, investment properties, property management and hospitality. Its portfolio includes residential communities, office buildings, shopping centers and integrated developments, as well as hotels and serviced residences operated through its hospitality businesses.

Sino Land’s operations are concentrated mainly in Hong Kong, where it has developed and manages properties across major urban districts.

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