Shangri-La Asia Ltd. (OTCMKTS:SHALY – Get Free Report)’s stock price reached a new 52-week low on Friday . The company traded as low as $10.40 and last traded at $10.40, with a volume of 232 shares changing hands. The stock had previously closed at $11.85.
Shangri-La Asia Price Performance
The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.84 and a current ratio of 1.86. The firm’s 50 day moving average is $11.38 and its 200 day moving average is $11.47.
About Shangri-La Asia
Shangri-La Asia Limited is a Hong Kong–based hospitality group principally engaged in the development, ownership and operation of luxury hotels, resorts and serviced apartments. The company’s flagship brand, Shangri-La Hotels and Resorts, encompasses properties that feature high-end accommodations, specialty dining venues, spa and wellness facilities, and meeting and event spaces tailored for both leisure and business travelers. In addition to its core Shangri-La portfolio, the company manages a range of complementary brands, including Kerry Hotels, Hotel Jen and Traders Hotels, each designed to address distinct market segments within the hotel industry.
Since its establishment in 1971 by entrepreneur Robert Kuok, Shangri-La Asia has expanded its footprint across more than 20 countries and territories.
See Also
- Five stocks we like better than Shangri-La Asia
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Shangri-La Asia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shangri-La Asia and related companies with MarketBeat.com's FREE daily email newsletter.
