Great Eagle (OTCMKTS:GEAHF) Stock Price 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.

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

Great Eagle Stock Performance

The firm has a 50-day simple moving average of $1.74 and a two-hundred 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.

Great Eagle Company Profile

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.