Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) shares gapped up before the market opened on Wednesday. The stock had previously closed at $3.47, but opened at $3.59. Henderson Land Development shares last traded at $3.59, with a volume of 255 shares trading hands.
Henderson Land Development Stock Performance
The stock has a 50-day moving average price of $3.49 and a 200-day moving average price of $3.60.
About Henderson Land Development
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.
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