Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report)’s share price dropped 7.5% during trading on Monday . The stock traded as low as C$7.84 and last traded at C$7.84. Approximately 14,104 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 63,825 shares. The stock had previously closed at C$8.48.
Longfor Group Stock Performance
The firm’s 50-day simple moving average is C$8.30 and its two-hundred day simple moving average is C$10.03.
Longfor Group Company Profile
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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