Luk Fook (OTCMKTS:LKFLF) Shares Gap Down – Here’s Why

Luk Fook Holdings (OTCMKTS:LKFLF)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $3.37, but opened at $3.0450. Luk Fook shares last traded at $3.0450, with a volume of 1,000 shares.

Luk Fook Stock Down 3.9%

The company has a quick ratio of 0.66, a current ratio of 3.14 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average price of $3.19 and a 200-day moving average price of $3.00.

About Luk Fook

Luk Fook Jewellery Group Limited (OTCMKTS: LKFLF) is a Hong Kong–based retailer and manufacturer specializing in fine jewelry and related accessories. Established in 1991, the company designs, produces and distributes a broad range of jewelry products, including gold, platinum, diamond and gem-set pieces. Its vertically integrated operations encompass goldsmithing, jewelry design, casting, polishing and quality control, supporting both proprietary brands and private-label offerings.

The company’s product portfolio features traditional and contemporary collections, ranging from wedding bands, engagement rings and necklaces to jadeite bangles, gemstone pendants and pearl earrings.