Hongkong Land (OTCMKTS:HNGKY) Hits New 1-Year High – Still a Buy?

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKYGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $30.00 and last traded at $29.00, with a volume of 2606 shares changing hands. The stock had previously closed at $28.51.

Hongkong Land Price Performance

The company has a fifty day simple moving average of $24.85 and a two-hundred day simple moving average of $23.02.

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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