Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) shot up 7.8% during mid-day trading on Thursday . The company traded as high as $3.75 and last traded at $3.75. 57,427 shares changed hands during mid-day trading, an increase of 33% from the average session volume of 43,258 shares. The stock had previously closed at $3.48.
Henderson Land Development Stock Performance
The company has a debt-to-equity ratio of 0.20, a current ratio of 3.33 and a quick ratio of 3.33. The stock’s 50 day moving average price is $3.41 and its 200 day moving average price is $3.78.
Henderson Land Development Company Profile
Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.
The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.
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