Sino Land (SNLAY) Expected to Announce Earnings on Friday

Sino Land (OTCMKTS:SNLAY) will likely be issuing its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of $0.1599 per share and revenue of $534.4980 million for the quarter.

Sino Land Trading Up 1.7%

Shares of OTCMKTS:SNLAY traded up $0.14 during trading on Friday, reaching $8.30. 20,281 shares of the stock traded hands, compared to its average volume of 3,726. Sino Land has a 52-week low of $4.50 and a 52-week high of $8.30. The stock has a 50-day moving average of $7.29 and a two-hundred day moving average of $6.73.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Sino Land from a “strong sell” rating to a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

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.