Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) Shares Pass Below Fifty Day Moving Average – What’s Next?

Shares of Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.34 and traded as low as $14.10. Hon Hai Precision Industry Co., Ltd. Sponsored GDR shares last traded at $14.35, with a volume of 28,295 shares traded.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Stock Down 0.4%

The firm’s fifty day simple moving average is $14.34 and its 200 day simple moving average is $14.43. The company has a current ratio of 1.48, a quick ratio of 1.04 and a debt-to-equity ratio of 0.19.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Company Profile

Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, is a leading global electronics contract manufacturer and technology solutions provider. The company specializes in the design, development and assembly of a wide range of electronic products, including smartphones, tablets, personal computers, servers and networking equipment. Alongside its core manufacturing services, Hon Hai offers turnkey production capabilities, encompassing engineering, supply chain management and after-sales support for original equipment manufacturers (OEMs) and brand owners.

Founded in 1974 by Terry Gou and headquartered in Tucheng District, New Taipei City, Taiwan, Hon Hai has grown from a single factory operation into one of the world’s largest private employers.