Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at C$6.75, but opened at C$7.04. Longfor Group shares last traded at C$7.06, with a volume of 8,019 shares changing hands.
Longfor Group Trading Up 4.1%
The stock’s 50-day simple moving average is C$8.23 and its two-hundred day simple moving average is C$9.58.
About Longfor Group
Longfor Group Holdings Limited is a Chinese real estate company engaged in property development, commercial investment, and property management. Its activities include developing residential communities, operating shopping centers and other commercial properties, and providing related property management and operational services.
The company was established in 1993 by Wu Yajun and initially developed projects in Chongqing. It has since expanded its operations across major cities and metropolitan areas in mainland China, with a portfolio that includes residential, commercial, and rental-housing projects.
Longfor’s business is organized around property development, commercial operations, and services related to the management of residential and commercial assets.
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