Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $7.31 and traded as low as $6.9850. Sino Land shares last traded at $7.1450, with a volume of 2,467 shares changing hands.
Analyst Ratings Changes
Separately, Zacks Research upgraded Sino Land to a “hold” rating in a research note on Thursday, September 3rd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on SNLAY
Sino Land Trading Down 5.4%
The business’s 50-day moving average price is $6.71 and its 200-day moving average price is $7.31.
About Sino Land
Sino Land Company Limited is a Hong Kong-based property developer and investment company and the flagship real estate business of Sino Group. The company develops, owns and manages residential, commercial, retail and industrial properties, as well as office buildings, shopping centers and car parks.
In addition to property development and investment, Sino Land has interests in hotel ownership and operations, property management, club management and related services. Its hotel portfolio includes properties operated under the group’s own brands and other international hospitality brands.
The company’s activities are primarily focused on Hong Kong, with additional business interests in mainland China and Singapore.
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