Sino Land (OTCMKTS:SNLAY) Shares Gap Up – Should You Buy?

Sino Land Co. (OTCMKTS:SNLAYGet Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $6.4751, but opened at $6.9530. Sino Land shares last traded at $6.9530, with a volume of 524 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Sino Land to a “hold” rating in a research report on Thursday, September 3rd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Sino Land currently has an average rating of “Moderate Buy”.

Get Our Latest Analysis on SNLAY

Sino Land Price Performance

The company has a 50-day moving average price of $6.80 and a 200 day moving average price of $7.31.

Sino Land Company Profile

(Get Free Report)

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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