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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Luk Fook Hldgs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Luk Fook Hldgs and related companies with MarketBeat.com's FREE daily email newsletter.