Hengan International Group (OTCMKTS:HEGIY) Shares Gap Up – Still a Buy?

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIYGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $12.61, but opened at $13.27. Hengan International Group shares last traded at $13.27, with a volume of 201 shares traded.

Hengan International Group Price Performance

The stock’s 50 day simple moving average is $14.49 and its two-hundred day simple moving average is $15.73.

About Hengan International Group

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Hengan International Group Company Limited is a China-based manufacturer and distributor of personal hygiene and household paper products. The company’s portfolio includes sanitary napkins, tissue paper, toilet paper, wet wipes, disposable diapers and other everyday consumer products.

Hengan markets its products under brands including Hearttex, 7 Space and Anerle, serving consumers primarily through retail, e-commerce and other distribution channels in mainland China. The company also distributes products in selected international markets.

Founded in 1985 and headquartered in Jinjiang, Fujian Province, Hengan has developed manufacturing, sales and distribution operations focused on the growing personal-care and household-consumer goods markets.

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