Sun Hung Kai and Co. (OTCMKTS:SHGKY – Get Free Report)’s stock price dropped 14.9% on Tuesday . The company traded as low as $2.22 and last traded at $2.22. Approximately 323 shares traded hands during trading, a decline of 99% from the average daily volume of 30,513 shares. The stock had previously closed at $2.61.
Sun Hung Kai and Price Performance
The firm’s 50 day moving average price is $2.13 and its two-hundred day moving average price is $2.11. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.69 and a quick ratio of 1.69.
About Sun Hung Kai and
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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