Sun Hung Kai and (OTCMKTS:SHGKY) Shares Down 0.7% – Time to Sell?

Sun Hung Kai and Co. (OTCMKTS:SHGKYGet Free Report)’s share price traded down 0.7% during mid-day trading on Monday . The company traded as low as $2.3325 and last traded at $2.3325. 100 shares changed hands during mid-day trading, an increase of 238% from the average session volume of 30 shares. The stock had previously closed at $2.35.

Sun Hung Kai and Stock Performance

The business’s 50-day moving average is $2.21 and its 200 day moving average is $2.16.

Sun Hung Kai and Company Profile

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Sun Hung Kai & Co Limited is a Hong Kong–based non-bank financial institution offering a diversified suite of services across securities brokerage, asset management, corporate finance and wealth management. Originally founded in 1969 as a securities brokerage firm, the company has since broadened its scope to include individually tailored investment solutions, structured products and advisory services for both institutional and private clients.

The asset management division of Sun Hung Kai oversees portfolios spanning public equities, fixed income and alternative investments, including private equity and real estate.

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