Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) shares saw an uptick in trading volume on Monday. Approximately 354,175 shares changed hands during mid-day trading, an increase of 373% from the average daily volume of 74,876 shares. The stock last traded at $3.5990 and had previously closed at $3.51.
Henderson Land Development Trading Down 0.3%
The firm’s 50-day moving average is $3.49 and its two-hundred day moving average is $3.72.
About Henderson Land Development
Henderson Land Development Company Limited is a Hong Kong-based property developer and investment company. Its principal activities include the development and sale of residential, commercial and mixed-use properties, as well as the ownership and management of investment properties that generate rental income.
The company also operates hotels and participates in related property and infrastructure businesses. Its portfolio and development activities are concentrated primarily in Hong Kong, with additional projects and investments in mainland China.
Henderson Land was founded in 1976 by Lee Shau-kee and has grown into one of Hong Kong’s major real estate groups.
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