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Globalink Investment (NASDAQ:GLLI) Trading Down 7.2% - Should You Sell?

Globalink Investment logo with Financial Services background

Globalink Investment Inc. (NASDAQ:GLLI - Get Free Report) shares dropped 7.2% during mid-day trading on Tuesday . The company traded as low as $11.13 and last traded at $11.13. Approximately 160 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 5,166 shares. The stock had previously closed at $12.00.

Globalink Investment Price Performance

The company has a market capitalization of $41.44 million, a PE ratio of -48.39 and a beta of -0.03. The company's 50 day simple moving average is $11.88 and its 200 day simple moving average is $11.65.

About Globalink Investment

(Get Free Report)

Globalink Investment Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire businesses in the medical technology and green energy sectors in North America, Europe, Southeast Asia, and Asia excluding China, Hong Kong, and Macau.

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