Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report)’s share price dropped 4.2% during mid-day trading on Friday . The company traded as low as $40.41 and last traded at $40.41. 2,131 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 19,596 shares. The stock had previously closed at $42.16.
Hongkong Land Price Performance
The firm’s 50 day moving average is $38.13 and its 200 day moving average is $39.82. The company has a debt-to-equity ratio of 0.19, a quick ratio of 8.35 and a current ratio of 8.35.
About Hongkong Land
Hongkong Land Holdings Limited (OTCMKTS: HNGKY) is a leading property investment, management and development group focused on premier real estate in Asia’s major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.
The group’s flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.
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