Hongkong Land (OTCMKTS:HNGKY) Hits New 12-Month High – Should You Buy?

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKYGet Free Report) shares reached a new 52-week high on Friday . The company traded as high as $46.78 and last traded at $46.78, with a volume of 608 shares traded. The stock had previously closed at $41.75.

Hongkong Land Price Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 8.35 and a current ratio of 8.35. The business has a 50 day simple moving average of $37.53 and a 200-day simple moving average of $39.82.

About Hongkong Land

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Hongkong Land Holdings Limited (OTCMKTS: HNGKY) is a leading property investment, management and development group focused on premier real estate in Asia’s major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.

The group’s flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.

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