Guangzhou R&F Properties Co., Ltd. (OTCMKTS:GZUHY – Get Free Report) shares dropped 59.3% during mid-day trading on Tuesday . The company traded as low as $1.20 and last traded at $1.20. Approximately 100 shares changed hands during trading, a decline of 67% from the average daily volume of 300 shares. The stock had previously closed at $2.95.
Guangzhou R&F Properties Price Performance
The company’s 50-day moving average is $2.26 and its two-hundred day moving average is $2.33.
About Guangzhou R&F Properties
Guangzhou R&F Properties Co, Ltd. is a leading real estate developer headquartered in Guangzhou, China. The company focuses on the development, sale and management of residential, commercial and mixed-use properties. Its core business activities encompass land acquisition, project design, construction, sales and leasing, as well as property management services for residential communities, office buildings, retail centers and hotels.
Established in 1994, Guangzhou R&F Properties has grown from a regional developer into one of China’s prominent property enterprises.
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