Sun Hung Kai Properties (OTCMKTS:SUHJY) Stock Price Crosses Above 200-Day Moving Average of $0.00

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $17.27. Sun Hung Kai Properties shares last traded at $17.25, with a volume of 6,810 shares changing hands.

Separately, Zacks Investment Research cut CGI from a “buy” rating to a “hold” rating in a report on Wednesday, June 19th.

The stock has a 50 day moving average of $16.73. The company has a market capitalization of $48.99 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 1.48 and a beta of 1.11.

About Sun Hung Kai Properties (OTCMKTS:SUHJY)

Sun Hung Kai Properties Limited develops, sells, and rents real estate properties in Hong Kong, Mainland China, and Singapore. The company primarily develops and sells properties, including residential estates, industrial buildings, offices, and shopping centers. As of June 30, 2018, its land bank comprised 64.5 million square feet of gross floor area, primarily consists of 50.7 million square feet of properties under development and rest properties for rental purpose.

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