Lonking (OTCMKTS:LONKF) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Lonking Holdings Ltd. (OTCMKTS:LONKFGet Free Report)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.33 and traded as high as $0.33. Lonking shares last traded at $0.33, with a volume of 0 shares changing hands.

Lonking Stock Down 0.9%

The firm has a fifty day simple moving average of $0.33 and a 200 day simple moving average of $0.34.

About Lonking

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Lonking Holdings Limited is a China-based manufacturer and distributor of construction machinery and equipment. The company’s product portfolio includes wheel loaders, excavators, road rollers, forklifts and other earth-moving and material-handling machinery. Through its in-house design and engineering teams, Lonking develops equipment tailored to infrastructure, mining, logistics and agricultural applications.

Established in the early 1990s and headquartered in Zhanjiang, Guangdong Province, Lonking has grown from a regional manufacturer into a global supplier of construction machinery.

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