Sun Hung Kai Properties (OTCMKTS:SUHJY) Shares Pass Below 200 Day Moving Average – Here’s Why

Shares of Sun Hung Kai Properties Limited (OTCMKTS:SUHJYGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.89 and traded as low as $8.88. Sun Hung Kai Properties shares last traded at $8.98, with a volume of 201,987 shares.

Sun Hung Kai Properties Price Performance

The company’s 50-day moving average is $9.21 and its 200-day moving average is $9.89.

About Sun Hung Kai Properties

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Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder’s comprehensive, fire, employees’ compensation, travel, personal accident, motor vehicles, contractors’ all risks, third party liability, and property all risks.

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