Henderson Land Development (OTCMKTS:HLDCY) Sees Strong Trading Volume – Should You Buy?

Henderson Land Development Co. (OTCMKTS:HLDCYGet Free Report) shares saw strong trading volume on Monday . 23,126 shares traded hands during trading, an increase of 53% from the previous session’s volume of 15,129 shares.The stock last traded at $3.90 and had previously closed at $3.78.

Henderson Land Development Price Performance

The stock’s 50-day moving average price is $3.71 and its 200 day moving average price is $3.55.

About Henderson Land Development

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Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.

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