OneConstruction Group's (NASDAQ:ONEG - Get Free Report) lock-up period is set to end on Monday, June 30th. OneConstruction Group had issued 1,750,000 shares in its public offering on December 31st. The total size of the offering was $7,000,000 based on an initial share price of $4.00. After the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
OneConstruction Group Trading Down 9.1%
ONEG stock traded down $0.48 during midday trading on Thursday, hitting $4.80. 1,052,663 shares of the company's stock were exchanged, compared to its average volume of 427,420. The stock's fifty day moving average is $3.22. OneConstruction Group has a one year low of $1.48 and a one year high of $5.78.
OneConstruction Group Company Profile
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OneConstruction Group is a structural steelwork contractor principally in Hong Kong. The Company, through its subsidiaries, specializes in the procurement and installation of structural steel for a diverse range of construction projects, serving both public and private sector clients. OneConstruction Group is based in NEW YORK.
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