Sino Land Co. (OTCMKTS:SNLAY – Get Free Report)’s share price fell 5.9% during mid-day trading on Monday . The stock traded as low as $7.51 and last traded at $7.51. 121 shares were traded during trading, a decline of 96% from the average session volume of 2,920 shares. The stock had previously closed at $7.98.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group raised shares of Sino Land from a “strong sell” rating to a “buy” rating in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Sino Land has a consensus rating of “Buy”.
Read Our Latest Research Report on SNLAY
Sino Land Stock Down 4.5%
About Sino Land
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.
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