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Hongkong Land (OTCMKTS:HNGKY) Shares Pass Below Fifty Day Moving Average - Time to Sell?

Hongkong Land logo with Finance background

Shares of Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $22.33 and traded as low as $21.35. Hongkong Land shares last traded at $21.82, with a volume of 2,118 shares trading hands.

Hongkong Land Price Performance

The company has a 50-day moving average price of $22.21 and a 200-day moving average price of $20.28.

Hongkong Land Company Profile

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

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