Sun Hung Kai and (OTCMKTS:SHGKY) Trading Down 16.5% – Here’s Why

Sun Hung Kai and Co. (OTCMKTS:SHGKYGet Free Report)’s stock price dropped 16.5% on Friday . The company traded as low as $2.03 and last traded at $2.03. Approximately 300 shares were traded during trading, a decline of 86% from the average daily volume of 2,171 shares. The stock had previously closed at $2.43.

Sun Hung Kai and Stock Performance

The stock’s 50 day moving average price is $2.22 and its two-hundred day moving average price is $1.77.

About Sun Hung Kai and

(Get Free Report)

Sun Hung Kai & Co Limited, an investment holding company, provides financial services primarily in Hong Kong and the People's Republic of China. The company operates through Consumer Finance, Private Credit, Mortgage Loans, Investment Management, and Group Management and Support segments. It offers unsecured loan to individuals and businesses through branches and online platforms; and first mortgage and second mortgage loans to property owners, as well as customized financing solutions to property investors.

Further Reading

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