Luk Fook (OTCMKTS:LKFLF) Hits New 52-Week High - Time to Buy?

Key Points

• Luk Fook Holdings shares reached a new 52-week high at $2.95 during trading, reflecting positive momentum for the stock.
• The stock's recent trading volume was 1,000 shares, significantly up from the previous closing price of $2.50.
• Luk Fook engages in the sourcing, designing, and retailing of various jewelry products, including gold, platinum, and gemstone items.

Shares of Luk Fook Holdings (OTCMKTS:LKFLF - ) hit a new 52-week high during trading on Tuesday . The stock traded as high as $2.95 and last traded at $2.95, with a volume of 1000 shares trading hands. The stock had previously closed at $2.50.

Luk Fook Price Performance

The stock's 50-day simple moving average is $2.51 and its 200 day simple moving average is $2.26.

Luk Fook Company Profile

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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