Longfor Group (OTCMKTS:LGFRY) Sets New 12-Month Low – Here’s What Happened

Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The company traded as low as C$5.25 and last traded at C$5.25, with a volume of 661 shares changing hands. The stock had previously closed at C$5.40.

Longfor Group Price Performance

The stock’s 50-day moving average is C$6.61 and its 200-day moving average is C$9.31.

About Longfor Group

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Longfor Group Holdings Limited is a China-based property developer founded in 1993. The company develops residential properties, including homes for sale, and has expanded its business beyond residential development. Its other activities include investing in and operating commercial properties, such as shopping centers, as well as property management and rental housing services. Longfor serves customers and tenants across cities in mainland China. The company was established in Chongqing and has grown into a national real estate and property-services group.

Further Reading

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