Lonking (OTCMKTS:LONKF) Stock Price Down 9.5% – Time to Sell?

Lonking Holdings Limited (OTCMKTS:LONKFGet Free Report) fell 9.5% on Wednesday . The stock traded as low as $0.21 and last traded at $0.21. 14,850 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 13,825 shares. The stock had previously closed at $0.23.

Lonking Trading Up 15.3 %

The stock has a fifty day moving average price of $0.21 and a 200-day moving average price of $0.19.

About Lonking

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Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. It operates through three segments: Sale of Construction Machinery, Finance Lease of Construction Machinery, and Financial Investment.

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