Hongkong Land (OTCMKTS:HNGKY) Shares Gap Down – Here’s What Happened
by Kim Johansen · The Markets DailyShares of Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $37.1875, but opened at $35.16. Hongkong Land shares last traded at $35.75, with a volume of 6,541 shares changing hands.
Hongkong Land Stock Up 0.6%
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 business has a 50-day moving average price of $39.83 and a 200-day moving average price of $39.10.
Hongkong Land Company Profile
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.