Hongkong Land (OTCMKTS:HNGKY) Shares Gap Up – Still a Buy?
by Renee Jackson · The Cerbat GemHongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $39.86, but opened at $42.07. Hongkong Land shares last traded at $42.07, with a volume of 335 shares.
Hongkong Land Price Performance
The company has a debt-to-equity ratio of 0.19, a current ratio of 8.35 and a quick ratio of 8.35. The firm has a 50-day simple moving average of $37.29 and a two-hundred day simple moving average of $39.80.
About Hongkong Land
Hongkong Land Holdings Limited (OTCMKTS: HNGKY) is a leading property investment, management and development group focused on premier real estate in Asia’s major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.
The group’s flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.