Sino Land (SNLAY) Expected to Announce Earnings on Friday

Sino Land (OTCMKTS:SNLAY) is expected to release its results before the market opens on Friday, February 27th. Analysts expect Sino Land to post earnings of $0.1599 per share and revenue of $534.4980 million for the quarter.

Sino Land Stock Up 1.7%

Shares of OTCMKTS:SNLAY traded up $0.14 during trading on Friday, hitting $8.30. The stock had a trading volume of 20,281 shares, compared to its average volume of 3,726. The firm’s fifty day moving average is $7.29 and its 200 day moving average is $6.73. Sino Land has a 12 month low of $4.50 and a 12 month high of $8.30.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Sino Land from a “strong sell” rating to a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Sino Land presently has a consensus rating of “Buy”.

Sino Land Company Profile

Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.

The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.