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Luda Technology Group (NYSE:LUD) Stock Price Down 3.8% - Should You Sell?

Luda Technology Group logo with Manufacturing background

Luda Technology Group (NYSE:LUD - Get Free Report) shares were down 3.8% during trading on Friday . The stock traded as low as $5.53 and last traded at $5.53. Approximately 24,482 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 42,170 shares. The stock had previously closed at $5.75.

Luda Technology Group Price Performance

The company's fifty day moving average is $4.42.

Luda Technology Group Company Profile

(Get Free Report)

We are a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. Our history began with Luda HK which was incorporated in Hong Kong in 2004 and is principally engaged in the trading of steel flanges and fittings. In 2005, the Company's business expanded further upstream when Luda PRC was set up to commence the manufacturing of flanges and fittings with self-owned factory in China.

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