Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) shares traded up 6.4% on Tuesday . The company traded as high as $7.6390 and last traded at $7.6390. Approximately 2,818 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 3,747 shares. The stock had previously closed at $7.18.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upgraded Sino Land from a “strong sell” rating to a “buy” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.
Check Out Our Latest Analysis on SNLAY
Sino Land Stock Performance
About Sino Land
Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.
The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.
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