Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at C$8.09, but opened at C$8.79. Longfor Group shares last traded at C$8.77, with a volume of 800 shares changing hands.
Longfor Group Stock Performance
The company’s 50-day moving average price is C$8.63 and its two-hundred day moving average price is C$10.37.
About Longfor Group
Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.
In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.
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