Luk Fook (OTCMKTS:LKFLF) Sets New 1-Year High – Here’s Why

Luk Fook Holdings (OTCMKTS:LKFLF)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $4.00 and last traded at $4.00, with a volume of 2349 shares traded. The stock had previously closed at $3.90.

Luk Fook Trading Up 6.3%

The company has a current ratio of 3.13, a quick ratio of 0.45 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average is $3.25 and its 200 day moving average is $3.14.

Luk Fook Company Profile

Luk Fook Jewellery Group Limited (OTCMKTS: LKFLF) is a Hong Kong–based retailer and manufacturer specializing in fine jewelry and related accessories. Established in 1991, the company designs, produces and distributes a broad range of jewelry products, including gold, platinum, diamond and gem-set pieces. Its vertically integrated operations encompass goldsmithing, jewelry design, casting, polishing and quality control, supporting both proprietary brands and private-label offerings.

The company’s product portfolio features traditional and contemporary collections, ranging from wedding bands, engagement rings and necklaces to jadeite bangles, gemstone pendants and pearl earrings.