Henderson Land Development (OTCMKTS:HLDCY) Hits New 1-Year Low – Here’s What Happened

Henderson Land Development Co. (OTCMKTS:HLDCYGet Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $3.10 and last traded at $3.10, with a volume of 1428 shares traded. The stock had previously closed at $3.20.

Henderson Land Development Stock Performance

The firm’s fifty day simple moving average is $3.75 and its 200 day simple moving average is $3.86.

About Henderson Land Development

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Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.

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