Great Eagle (OTCMKTS:GEAHF) Trading Down 16.4% - Here's What Happened

Key Points

• Great Eagle Holdings Ltd. saw a significant drop in shares, trading down 16.4% during Thursday's session, closing at $1.63.
• The company's trading volume was drastically reduced, with only 100 shares changing hands, representing a decline of 76% from its average session volume.
• Great Eagle focuses on investing in, developing, and managing properties across various segments including residential, office, retail, and hotels, in multiple countries including Hong Kong, the US, and the UK.

Great Eagle Holdings Ltd. (OTCMKTS:GEAHF - Get Free Report) traded down 16.4% on Thursday . The company traded as low as $1.63 and last traded at $1.63. 100 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 411 shares. The stock had previously closed at $1.95.

Great Eagle Price Performance

The stock has a fifty day simple moving average of $1.74 and a 200-day simple moving average of $1.61. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.73 and a current ratio of 1.70.

About Great Eagle

Great Eagle Holdings Limited, an investment holding company, invests in, develops, and manages residential, office, retail, and hotel properties in Hong Kong, the United States, Canada, the United Kingdom, Australia, New Zealand, Mainland China, and internationally. It operates through Hotel Operation, Property Investment, Property Development, Other Operations, Champion REIT, Langham, and US Real Estate Fund segments.