Shares of Hysan Development Company Limited (OTCMKTS:HYSNY) dropped 3.9% during trading on Monday . The company traded as low as $7.80 and last traded at $7.80, approximately 1,750 shares traded hands during trading. An increase of 94% from the average daily volume of 900 shares. The stock had previously closed at $8.12.
The firm’s 50-day simple moving average is $7.81 and its 200-day simple moving average is $8.24.
About Hysan Development (OTCMKTS:HYSNY)
Hysan Development Company Limited is a leading property investment, management and development company in Hong Kong with an investment property portfolio of over 4 million square feet of high quality office, retail and residential space. With roots in the district since the 1920s, Hysan is one of the largest commercial landlords in Causeway Bay.