Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $3.48 and traded as high as $3.56. Henderson Land Development shares last traded at $3.52, with a volume of 87,566 shares changing hands.
Henderson Land Development Stock Down 0.6%
The company’s 50 day moving average price is $3.48 and its 200-day moving average price is $3.59.
Henderson Land Development Company Profile
Henderson Land Development Company Limited is a Hong Kong-based property developer and investment company. Its principal activities include the development and sale of residential, commercial and mixed-use properties, as well as the ownership and management of investment properties that generate rental income.
The company also operates hotels and participates in related property and infrastructure businesses. Its portfolio and development activities are concentrated primarily in Hong Kong, with additional projects and investments in mainland China.
Henderson Land was founded in 1976 by Lee Shau-kee and has grown into one of Hong Kong’s major real estate groups.
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