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Luk Fook (OTCMKTS:LKFLF) Reaches New 1-Year High - Time to Buy?

Luk Fook logo with Retail/Wholesale background

Key Points

  • Luk Fook Holdings reached a new 52-week high, trading at $3.28 with a volume of 1,000 shares on Wednesday.
  • The company's 50-day and 200-day simple moving averages are $2.78 and $2.40, respectively, indicating a positive price trend.
  • Luk Fook engages in sourcing and selling a variety of jewelry products, including items made from gold, platinum, and gems.
  • Interested in Luk Fook? Here are five stocks we like better.

Luk Fook Holdings (OTCMKTS:LKFLF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $3.28 and last traded at $3.28, with a volume of 1000 shares changing hands. The stock had previously closed at $3.27.

Luk Fook Price Performance

The firm has a 50 day moving average of $2.84 and a two-hundred day moving average of $2.42.

About Luk Fook

(Get Free Report)

Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products. It offers ring and pair rings, necklaces, pendants, earrings, bangles and bracelets, charms, figurines, accessories, and other products of various materials comprising diamond, gold, platinum, jadeite, gemstone, pearl, and silver materials.

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