Shares of Skyworth Group Limited (OTCMKTS:SWDHF – Get Free Report) were down 31.1% during mid-day trading on Monday . The stock traded as low as $0.5856 and last traded at $0.5856. Approximately 300 shares were traded during trading, an increase of 100% from the average session volume of 150 shares. The stock had previously closed at $0.85.
Skyworth Group Price Performance
The stock has a 50-day simple moving average of $0.86 and a 200-day simple moving average of $0.68.
Skyworth Group Company Profile
Skyworth Group Co, Ltd., traded in the United States OTC Market under the symbol SWDHF, is a China-based electronics manufacturer primarily known for its development and production of consumer electronics and household appliances. The company’s core business centers on the design, manufacturing and distribution of smart televisions, set-top boxes and digital home-entertainment products. In recent years, Skyworth has broadened its product range to include refrigerators, washing machines and other Internet of Things (IoT)–enabled home appliances, positioning itself as a vertically integrated player in the connected-home ecosystem.
Founded in Shenzhen in 1988, Skyworth began as a small television assembly operation and has grown into one of the largest TV producers in China.
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