Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) traded down 8.6% on Tuesday . The stock traded as low as $3.40 and last traded at $3.40. Approximately 10,255 shares were traded during trading, a decline of 78% from the average daily volume of 46,312 shares. The stock had previously closed at $3.72.
Henderson Land Development Price Performance
The stock has a fifty day simple moving average of $3.46 and a 200-day simple moving average of $3.76. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.33 and a current ratio of 3.33.
About Henderson Land Development
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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