Sun Hung Kai Properties (OTCMKTS:SUHJY) Shares Pass Below Two Hundred Day Moving Average of $16.02
Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.02 and traded as low as $14.58. Sun Hung Kai Properties shares last traded at $14.63, with a volume of 163,515 shares trading hands.
SUHJY has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Sun Hung Kai Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, September 24th. ValuEngine lowered shares of Sun Hung Kai Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd.
The company has a debt-to-equity ratio of 0.15, a current ratio of 13.43 and a quick ratio of 13.43. The stock has a market capitalization of $42.70 billion, a P/E ratio of 10.34, a PEG ratio of 4.04 and a beta of 1.18. The company’s 50 day simple moving average is $14.39 and its two-hundred day simple moving average is $16.02.
About Sun Hung Kai Properties (OTCMKTS:SUHJY)
Sun Hung Kai Properties Limited develops, sells, and rents real estate properties in Hong Kong, Mainland China, and Singapore. The company primarily develops and sells properties, including residential estates, industrial buildings, offices, and shopping centers. As of June 30, 2018, its land bank comprised 64.5 million square feet of gross floor area, primarily consists of 50.7 million square feet of properties under development and rest properties for rental purpose.
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