Shares of Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) dropped 8.2% on Tuesday . The company traded as low as $6.4175 and last traded at $6.4175. Approximately 3,768 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 4,816 shares. The stock had previously closed at $6.99.
Analyst Ratings Changes
Separately, Zacks Research raised shares of Sino Land to a “hold” rating in a research note on Thursday, September 3rd. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Sino Land presently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on SNLAY
Sino Land Trading Down 1.4%
Sino Land Company Profile
Sino Land Company Limited is a Hong Kong-based property developer, investor and operator. Established in 1972, the company is part of Sino Group and focuses primarily on the development and management of residential, commercial, retail and mixed-use properties.
The company’s activities include property development, investment properties, property management and hospitality. Its portfolio includes residential communities, office buildings, shopping centers and integrated developments, as well as hotels and serviced residences operated through its hospitality businesses.
Sino Land’s operations are concentrated mainly in Hong Kong, where it has developed and manages properties across major urban districts.
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