Sun Hung Kai Properties (OTCMKTS:SUHJY) Upgraded to “Hold” at Zacks Research

Sun Hung Kai Properties (OTCMKTS:SUHJY) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday, Zacks reports.

Sun Hung Kai Properties Price Performance

OTCMKTS SUHJY opened at $14.34 on Tuesday. Sun Hung Kai Properties has a 12-month low of $12.07 and a 12-month high of $18.89. The firm has a 50-day moving average price of $14.08 and a two-hundred day moving average price of $15.81.

Sun Hung Kai Properties Company Profile

Sun Hung Kai Properties is a Hong Kong-based property developer and investor. Founded in 1963, the company develops residential, office, retail and industrial properties and manages a portfolio of income-producing real estate. The group also operates hotels and provides property management services. Its broader businesses include telecommunications, transportation and infrastructure-related operations. Sun Hung Kai Properties’ activities are centered on Hong Kong, with property development and investment interests in mainland China and other markets.