Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $6.64, but opened at $7.40. Sino Land shares last traded at $6.8150, with a volume of 985 shares traded.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Sino Land to a “hold” rating in a research report on Thursday, September 3rd. One 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, Sino Land currently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on Sino Land
Sino Land Trading Down 8.0%
The firm has a fifty day moving average of $6.75 and a 200 day moving average of $7.30.
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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