Sino Land (OTCMKTS:SNLAY) Sets New 12-Month High – Here’s Why

Sino Land Co. (OTCMKTS:SNLAY)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $7.75 and last traded at $7.75, with a volume of 2958 shares changing hands. The stock had previously closed at $7.40.

Sino Land Price Performance

The business’s 50-day moving average is $6.83 and its 200 day moving average is $6.39.

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.