Longfor Group (OTCMKTS:LGFRY) Trading Down 2% – Should You Sell?

Shares of Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report) fell 2% during trading on Monday . The stock traded as low as C$13.40 and last traded at C$13.47. 1,476 shares were traded during mid-day trading, a decline of 83% from the average session volume of 8,841 shares. The stock had previously closed at C$13.74.

Longfor Group Price Performance

The stock’s fifty day moving average price is C$14.03 and its two-hundred day moving average price is C$13.17.

Longfor Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, October 14th. Shareholders of record on Monday, August 18th were paid a $0.1114 dividend. The ex-dividend date was Friday, August 15th. This represents a yield of 273.0%.

Longfor Group Company Profile

(Get Free Report)

Longfor Group Holdings Limited, an investment holding company, engages in the property development, investment, and management businesses in the People's Republic of China. It operates through three segments: Property Development, Investment Property Operation, and Services and Others. The Property Development segment develops and sells office and commercial premises, and residential properties.

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