Shares of Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $7.55, but opened at $6.90. Sino Land shares last traded at $6.95, with a volume of 1,542 shares traded.
Analyst Ratings Changes
Separately, Zacks Research raised Sino Land to a “hold” rating in a report on Thursday, September 3rd. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
View Our Latest Analysis on Sino Land
Sino Land Stock Down 7.9%
The stock’s 50 day moving average is $6.71 and its 200 day moving average is $7.31.
Sino Land Company Profile
Sino Land Company Limited is a Hong Kong-based property developer and investment company and the flagship real estate business of Sino Group. The company develops, owns and manages residential, commercial, retail and industrial properties, as well as office buildings, shopping centers and car parks.
In addition to property development and investment, Sino Land has interests in hotel ownership and operations, property management, club management and related services. Its hotel portfolio includes properties operated under the group’s own brands and other international hospitality brands.
The company’s activities are primarily focused on Hong Kong, with additional business interests in mainland China and Singapore.
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