Longfor Group (OTCMKTS:LGFRY) Reaches New 12-Month Low – Should You Sell?

Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report) shares hit a new 52-week low on Friday . The company traded as low as C$7.18 and last traded at C$7.18, with a volume of 933 shares. The stock had previously closed at C$7.62.

Longfor Group Stock Performance

The company has a fifty day simple moving average of C$8.28 and a 200-day simple moving average of C$9.71.

About Longfor Group

(Get Free Report)

Longfor Group Holdings Limited is a Chinese real estate company engaged in property development, commercial investment, and property management. Its activities include developing residential communities, operating shopping centers and other commercial properties, and providing related property management and operational services.

The company was established in 1993 by Wu Yajun and initially developed projects in Chongqing. It has since expanded its operations across major cities and metropolitan areas in mainland China, with a portfolio that includes residential, commercial, and rental-housing projects.

Longfor’s business is organized around property development, commercial operations, and services related to the management of residential and commercial assets.

Recommended Stories

Receive News & Ratings for Longfor Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Longfor Group and related companies with MarketBeat.com's FREE daily email newsletter.