Short position on Redco Properties Group LTDShort position on Redco Properties Group LTD
As Fitch downgraded Redco to C I assume the stock price will fall to 1.96$
Order details:
Entry price: 2.24$
Take Profit: 1.96$
Stop Loss: 2.33$
Next report date
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−0.525 HKD
−1.72 B HKD
5.90 B HKD
756.97 M
About REDCO PROPERTIES GROUP LIMITED
Sector
Industry
Headquarters
Shenzhen
Website
Founded
2008
FIGI
BBG005WQH7T0
Redco Properties Group Ltd. is an investment holding company, which engages in property development, management services, investment service, and healthcare services. It focuses on mid-to-high-end residential and commercial properties. It operates through the following segments: Greater Western Taiwan Straits Economic Zone, Central and Western Regions, Bohai Economic Rim, Greater Bay Area, and Others. The Others segment provides design services to group companies, corporate support functions, property management services, and investment holdings businesses. The company was founded on July 14, 2008 and is headquartered in Shenzhen, China.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of 1622 is 0.225 HKD — it has decreased by −10.40% in the past 24 hours. Watch REDCO PROPERTIES GROUP LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on HKEX exchange REDCO PROPERTIES GROUP LIMITED stocks are traded under the ticker 1622.
1622 stock has fallen by −5.08% compared to the previous week, the month change is a −17.04% fall, over the last year REDCO PROPERTIES GROUP LIMITED has showed a −83.41% decrease.
1622 reached its all-time high on Nov 7, 2019 with the price of 5.190 HKD, and its all-time low was 0.225 HKD and was reached on Dec 11, 2024. View more price dynamics on 1622 chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
1622 stock is 21.08% volatile and has beta coefficient of 0.16. Track REDCO PROPERTIES GROUP LIMITED stock price on the chart and check out the list of the most volatile stocks — is REDCO PROPERTIES GROUP LIMITED there?
Today REDCO PROPERTIES GROUP LIMITED has the market capitalization of 795.56 M, it has decreased by −13.96% over the last week.
Yes, you can track REDCO PROPERTIES GROUP LIMITED financials in yearly and quarterly reports right on TradingView.
REDCO PROPERTIES GROUP LIMITED is going to release the next earnings report on Mar 28, 2025. Keep track of upcoming events with our Earnings Calendar.
1622 net income for the last half-year is −563.27 M HKD, while the previous report showed −1.31 B HKD of net income which accounts for 56.96% change. Track more REDCO PROPERTIES GROUP LIMITED financial stats to get the full picture.
As of Dec 22, 2024, the company has 2.86 K employees. See our rating of the largest employees — is REDCO PROPERTIES GROUP LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REDCO PROPERTIES GROUP LIMITED EBITDA is −878.07 M HKD, and current EBITDA margin is −7.66%. See more stats in REDCO PROPERTIES GROUP LIMITED financial statements.
Like other stocks, 1622 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REDCO PROPERTIES GROUP LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So REDCO PROPERTIES GROUP LIMITED technincal analysis shows the sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating REDCO PROPERTIES GROUP LIMITED stock shows the sell signal. See more of REDCO PROPERTIES GROUP LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.