Zacks Research upgraded shares of Sun Hung Kai Properties (OTCMKTS:SUHJY – Free Report) from a strong sell rating to a hold rating in a research report released on Tuesday morning,Zacks reports.
Sun Hung Kai Properties Stock Down 1.1%
SUHJY stock opened at $14.34 on Tuesday. The company has a 50-day simple moving average of $14.08 and a 200 day simple moving average of $15.81. Sun Hung Kai Properties has a fifty-two week low of $12.07 and a fifty-two week high of $18.89.
About Sun Hung Kai Properties
Sun Hung Kai Properties is a Hong Kong-based property developer and investor. Founded in 1963, the company develops residential, office, retail and industrial properties and manages a portfolio of income-producing real estate. The group also operates hotels and provides property management services. Its broader businesses include telecommunications, transportation and infrastructure-related operations. Sun Hung Kai Properties’ activities are centered on Hong Kong, with property development and investment interests in mainland China and other markets.
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