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Friday 23 October 2015
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Sizzling Gains In Financial Sector: China Housing & Land Development, Inc (NASDAQ:CHLN)

During Thursday’s Morning trade, Shares of China Housing & Land Development, Inc (NASDAQ:CHLN), gained 92.25% to $5.46. The firm opened its current trade at $3.25, and as of now, it is trading at $5.46. The total volume traded for the day is 596,506.00 shares, as compared to its average daily volume of 13,407.00 shares. The stock is floating in a range of $3.25 - $5.70. The stocks hold the market capitalization of $38.14M.

CHLN stock is now trading at $5.27, having a volume of 596,506.00 shares. The year-to-date (YTD) performance of CHLN stock reflects that it is 108.23% above last year. During the past month, the stock gain 252.6%, bringing three-month performance to 211.12% and six-month performance to 88.89%. For this stock, beta value at -0.66 represents it is too much volatile.

China Housing & Land Development, Inc. (CHLN) is a real estate development company with a focus on second-tier and third-tier cities in western China. CHLN and its auxiliaries are engaged in acquisition, development, administration, and sale of commercial and residential real estate properties located primarily in Xi’an, Shaanxi Province, People’s Republic of China (PRC). The Company’s segments comprise Real Estate Development and Sales, Construction and All other. The Real Estate Development and Sales segment comprises operating Auxiliaries, Tsining, Puhua, NewLand, Suodi, Fangzhou and Jiyuan.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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