Luk Fook Holdings (International) (OTCMKTS:LKFLF) Shares Down 2.4% – Should You Sell?

Luk Fook Holdings (International) Limited (OTCMKTS:LKFLF) shares traded down 2.4% during trading on Monday . The company traded as low as $1.83 and last traded at $1.83. 8,000 shares were traded during mid-day trading, an increase of 40% from the average session volume of 5,700 shares. The stock had previously closed at $1.87.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Luk Fook Holdings (International) to a “hold” rating in a report on Monday, October 7th.

Luk Fook Holdings (International) Price Performance

The stock’s 50 day moving average price is $1.81 and its 200-day moving average price is $1.88.

Luk Fook Holdings (International) Company Profile

Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products. It offers ring and pair rings, necklaces, pendants, earrings, bangles and bracelets, charms, figurines, accessories, and other products of various materials comprising diamond, gold, platinum, jadeite, gemstone, pearl, and silver materials.