Sino Land (OTCMKTS:SNLAY) Sees Large Volume Increase – Here’s Why
by Danessa Lincoln · The Markets DailySino Land Co. (OTCMKTS:SNLAY – Get Free Report) saw strong trading volume on Tuesday . 16,798 shares traded hands during trading, an increase of 696% from the previous session’s volume of 2,109 shares.The stock last traded at $7.14 and had previously closed at $7.40.
Sino Land Price Performance
The company’s 50-day moving average price is $6.82 and its 200-day moving average price is $6.37.
Sino Land Company Profile
Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.
The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.