Longfor Group (OTCMKTS:LGFRY) Shares Gap Up – What’s Next?

Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at C$8.48, but opened at C$8.88. Longfor Group shares last traded at C$8.77, with a volume of 31,137 shares.

Longfor Group Stock Up 2.2%

The stock’s 50 day moving average price is C$8.30 and its 200-day moving average price is C$10.06.

About Longfor Group

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Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.

In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.

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