Hongkong Land (OTCMKTS:HNGKY) Trading Down 8.4% - What's Next?

Market Beat
2025.08.02 18:39
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Hongkong Land (OTCMKTS:HNGKY) shares fell 8.4% to $28.82 during trading, with a volume increase of 73% compared to the average. The stock had closed at $31.45 previously. The company's 50-day moving average is $29.72, and the 200-day is $24.91. Hongkong Land engages in property investment and management across various regions, owning approximately 850,000 square meters of assets primarily in Hong Kong and other major cities.

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Shares of Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY - Get Free Report) were down 8.4% during trading on Friday . The company traded as low as $28.82 and last traded at $28.82. Approximately 6,821 shares changed hands during trading, an increase of 73% from the average daily volume of 3,940 shares. The stock had previously closed at $31.45.

Hongkong Land Price Performance

The firm's 50 day simple moving average is $29.72 and its 200-day simple moving average is $24.91. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.18.

About Hongkong Land

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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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