Shares of Guangzhou R&F Properties Co., Ltd. (OTCMKTS:GZUHY – Get Free Report) dropped 43.7% during mid-day trading on Thursday . The stock traded as low as $0.6021 and last traded at $0.6021. Approximately 1,010 shares traded hands during mid-day trading, an increase of 910% from the average daily volume of 100 shares. The stock had previously closed at $1.07.
Guangzhou R&F Properties Stock Performance
The business has a fifty day simple moving average of $0.91 and a 200 day simple moving average of $1.53.
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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