Hengan International Group (OTCMKTS:HEGIY) Sees Large Volume Increase – Time to Buy?

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) saw unusually-high trading volume on Friday . Approximately 96,503 shares changed hands during trading, an increase of 335% from the previous session’s volume of 22,169 shares.The stock last traded at $18.56 and had previously closed at $18.57.

Hengan International Group Stock Down 0.7%

The business has a 50 day simple moving average of $17.97 and a 200-day simple moving average of $17.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.16 and a quick ratio of 0.99.

About Hengan International Group

Hengan International Group Company Limited, through its subsidiaries, engages in the production and distribution of household hygiene products in the People’s Republic of China. Incorporated in Bermuda in 1997, the company has its operational headquarters in Jinjiang, Fujian Province. Hengan’s offerings span sanitary napkins, baby diapers, adult diapers, toilet paper, facial tissue and paper towels, marketed under flagship brands such as Sofy and Hengan. The group’s vertically integrated manufacturing network encompasses raw material procurement, production, packaging and sales to ensure rigorous quality control and supply chain efficiency.

Since its founding in 1985, Hengan International has grown to become one of China’s leading tissue and hygiene product manufacturers.