Longfor Group (OTCMKTS:LGFRY) Shares Gap Up – Here’s What Happened

Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) shares gapped up before the market opened on Wednesday. The stock had previously closed at C$6.92, but opened at C$7.33. Longfor Group shares last traded at C$7.30, with a volume of 44,920 shares.

Longfor Group Stock Down 1.5%

The stock has a 50 day moving average of C$7.95 and a 200 day moving average of C$9.17.

Longfor Group Company Profile

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Longfor Group Holdings Limited is a Chinese property development and management company founded in 1993. The group develops residential communities, commercial properties and mixed-use projects, with activities spanning the property life cycle from investment and development to operations and management.

In addition to residential development, Longfor operates shopping malls and other commercial assets, provides property management services, and develops rental housing and related long-term leasing businesses.

Further Reading

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