Longfor Group (OTCMKTS:LGFRY) Sets New 12-Month Low – What’s Next?

Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$7.56 and last traded at C$7.65, with a volume of 31752 shares trading hands. The stock had previously closed at C$7.73.

Analyst Ratings Changes

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

Read Our Latest Analysis on Longfor Group

Longfor Group Stock Up 0.5%

The firm’s fifty day moving average is C$10.12 and its two-hundred day moving average is C$11.10.

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.

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