Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$7.18 and last traded at C$7.18, with a volume of 933 shares. The stock had previously closed at C$7.62.
Longfor Group Trading Down 4.2%
The firm’s 50 day moving average is C$8.28 and its 200 day moving average is C$9.71.
Longfor Group Company Profile
Longfor Group Holdings Limited is a Chinese real estate company engaged in property development, commercial investment, and property management. Its activities include developing residential communities, operating shopping centers and other commercial properties, and providing related property management and operational services.
The company was established in 1993 by Wu Yajun and initially developed projects in Chongqing. It has since expanded its operations across major cities and metropolitan areas in mainland China, with a portfolio that includes residential, commercial, and rental-housing projects.
Longfor’s business is organized around property development, commercial operations, and services related to the management of residential and commercial assets.
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