Sino Land Co. (OTCMKTS:SNLAY – Get Free Report)’s stock price dropped 7.8% during trading on Tuesday . The company traded as low as $6.16 and last traded at $6.16. 966 shares were traded during mid-day trading, a decline of 79% from the average session volume of 4,621 shares. The stock had previously closed at $6.68.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of Sino Land to a “hold” rating in a research note on Thursday, September 3rd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on SNLAY
Sino Land Stock Down 3.8%
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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