Henderson Land Development (OTCMKTS:HLDCY) Hits New 52-Week High – Should You Buy?

by · The Cerbat Gem

Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $4.08 and last traded at $3.9601, with a volume of 8675 shares trading hands. The stock had previously closed at $3.92.

Henderson Land Development Trading Up 1.0%

The company’s fifty day simple moving average is $3.76 and its 200-day simple moving average is $3.59.

Henderson Land Development Company Profile

(Get Free Report)

Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.

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