Henderson Land Development (OTCMKTS:HLDCY) Shares Pass Below 50 Day Moving Average – Here’s Why

Henderson Land Development Company Limited (OTCMKTS:HLDCYGet Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.08 and traded as low as $2.77. Henderson Land Development shares last traded at $2.79, with a volume of 202,925 shares changing hands.

Henderson Land Development Price Performance

The stock’s 50 day moving average price is $3.08 and its 200 day moving average price is $3.01.

About Henderson Land Development

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Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.

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