Luk Fook (OTCMKTS:LKFLF) Stock Price Down 5.9% – Here’s What Happened

Luk Fook Holdings (OTCMKTS:LKFLF)’s share price dropped 5.9% on Wednesday . The company traded as low as $3.17 and last traded at $3.17. Approximately 3,058 shares were traded during trading, an increase of 963% from the average daily volume of 288 shares. The stock had previously closed at $3.37.

Luk Fook Stock Down 5.9%

The company’s fifty day simple moving average is $3.19 and its 200 day simple moving average is $2.99. The company has a quick ratio of 0.66, a current ratio of 3.14 and a debt-to-equity ratio of 0.02.

Luk Fook Company Profile

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.