Shares of Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) saw unusually-high trading volume on Tuesday . 44,422 shares changed hands during mid-day trading, an increase of 87% from the previous session’s volume of 23,730 shares.The stock last traded at $3.1465 and had previously closed at $3.18.
Henderson Land Development Stock Up 0.7%
The firm’s fifty day moving average price is $3.72 and its 200-day moving average price is $3.85.
About Henderson Land Development
Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.
The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.
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