Henderson Land Development (OTCMKTS:HLDCY) Sees Strong Trading Volume – What’s Next?

Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) saw unusually-high trading volume on Monday. 209,572 shares traded hands during trading, an increase of 228% from the previous session’s volume of 63,929 shares. The stock last traded at $3.3590 and had previously closed at $3.40.

Henderson Land Development Price Performance

The firm’s fifty day moving average price is $3.51 and its 200-day moving average price is $3.62.

Henderson Land Development Company Profile

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Henderson Land Development Company Limited is a Hong Kong-based property developer and investment company. Founded in 1976 by Lee Shau-kee, the company develops and manages residential, commercial and mixed-use properties, with activities concentrated in Hong Kong and mainland China.

The company’s portfolio includes luxury housing, office buildings, shopping centers, hotels and large-scale urban redevelopment projects. Henderson Land also owns and operates investment properties that generate recurring rental income, and has participated in major commercial developments such as the International Finance Centre complex in Hong Kong.

In addition to property development and investment, the group has interests in businesses related to construction, infrastructure and property services.

Further Reading

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