Shares of Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at C$7.20, but opened at C$6.80. Longfor Group shares last traded at C$6.80, with a volume of 3,243 shares.
Longfor Group Stock Down 3.5%
The stock has a fifty day moving average of C$8.25 and a 200-day moving average of C$9.63.
About Longfor Group
Longfor Group Holdings Limited is a Chinese real estate company engaged in property development, commercial investment, and property management. Its activities include developing residential communities, operating shopping centers and other commercial properties, and providing related property management and operational services.
The company was established in 1993 by Wu Yajun and initially developed projects in Chongqing. It has since expanded its operations across major cities and metropolitan areas in mainland China, with a portfolio that includes residential, commercial, and rental-housing projects.
Longfor’s business is organized around property development, commercial operations, and services related to the management of residential and commercial assets.
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