Luk Fook Hldgs (LKFLF) Rating Lowered to Sell at Zacks Investment Research

Luk Fook Hldgs (OTCMKTS:LKFLF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Saturday.

According to Zacks, “Luk Fook Holdings Limited is a jewellery retailer. The company principally engages in the sourcing, designing, wholesaling, trademark licensing and retailing of gold and platinum jewellery and gem-set jewellery products primarily in Mainland China, Hong Kong, Macau, Singapore, Korea, the United States, Canada and Australia. Luk Fook Holdings Limited is headquartered in Jordan, Hong Kong. “

Shares of Luk Fook Hldgs (LKFLF) opened at $3.58 on Friday. Luk Fook Hldgs has a fifty-two week low of $2.80 and a fifty-two week high of $4.21.

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