Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) dropped 8.8% on Monday . The stock traded as low as $6.23 and last traded at $6.23. 235 shares were traded during trading, a decline of 95% from the average session volume of 5,119 shares. The stock had previously closed at $6.83.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Sino Land to a “hold” rating in a research 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”.
Check Out Our Latest Stock Analysis on Sino Land
Sino Land Trading Down 6.8%
Sino Land Company Profile
Sino Land Company Limited is a Hong Kong-based property developer, investor and operator. Established in 1972, the company is part of Sino Group and focuses primarily on the development and management of residential, commercial, retail and mixed-use properties.
The company’s activities include property development, investment properties, property management and hospitality. Its portfolio includes residential communities, office buildings, shopping centers and integrated developments, as well as hotels and serviced residences operated through its hospitality businesses.
Sino Land’s operations are concentrated mainly in Hong Kong, where it has developed and manages properties across major urban districts.
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