Longfor Group (OTCMKTS:LGFRY) Hits New 1-Year Low – What’s Next?

Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$8.04 and last traded at C$8.04, with a volume of 179067 shares trading hands. The stock had previously closed at C$8.36.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Longfor Group to a “hold” rating in a research note on Wednesday, April 15th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Longfor Group has a consensus rating of “Hold”.

Read Our Latest Analysis on Longfor Group

Longfor Group Stock Performance

The business has a 50 day moving average of C$10.44 and a 200-day moving average of C$11.30.

Longfor Group Company Profile

(Get Free Report)

Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.

In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.

Featured Articles

Receive News & Ratings for Longfor Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Longfor Group and related companies with MarketBeat.com's FREE daily email newsletter.