Hengan International Group (OTCMKTS:HEGIY) Sees Large Volume Increase – What’s Next?

Shares of Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIYGet Free Report) saw strong trading volume on Friday . 96,503 shares traded hands during trading, an increase of 335% from the previous session’s volume of 22,169 shares.The stock last traded at $18.56 and had previously closed at $18.57.

Hengan International Group Price Performance

The company has a fifty day moving average of $17.96 and a 200 day moving average of $17.17. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 0.01.

About Hengan International Group

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Hengan International Group Company Limited, through its subsidiaries, engages in the production and distribution of household hygiene products in the People’s Republic of China. Incorporated in Bermuda in 1997, the company has its operational headquarters in Jinjiang, Fujian Province. Hengan’s offerings span sanitary napkins, baby diapers, adult diapers, toilet paper, facial tissue and paper towels, marketed under flagship brands such as Sofy and Hengan. The group’s vertically integrated manufacturing network encompasses raw material procurement, production, packaging and sales to ensure rigorous quality control and supply chain efficiency.

Since its founding in 1985, Hengan International has grown to become one of China’s leading tissue and hygiene product manufacturers.

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