Hopewell Highway Infrastructure (OTCMKTS:HHILY) Stock Price Down 25.9% – Here’s Why

Hopewell Highway Infrastructure Limited (OTCMKTS:HHILYGet Free Report)’s stock price dropped 25.9% during trading on Friday . The stock traded as low as $2.06 and last traded at $2.06. Approximately 430 shares changed hands during trading, a decline of 52% from the average daily volume of 895 shares. The stock had previously closed at $2.78.

Hopewell Highway Infrastructure Price Performance

The company’s fifty day moving average is $2.07 and its two-hundred day moving average is $1.98.

Hopewell Highway Infrastructure Company Profile

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Hopewell Highway Infrastructure (OTCMKTS: HHILY) is an infrastructure investment company focused on the development, operation and management of toll road concessions in the People’s Republic of China. As a spin-off of the Hong Kong–based Hopewell Holdings group, the company holds interests in a portfolio of expressways and bridges primarily in Guangdong province, where it collects and manages toll revenues under long-term concession agreements.

The company’s core activities center on acquiring, financing and overseeing highway assets, ensuring their safe and efficient operation through the application of modern traffic management systems and routine maintenance programs.

Further Reading

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