Sun Hung Kai and (OTCMKTS:SHGKY) Reaches New 12-Month High - Should You Buy?

Key Points

• Sun Hung Kai and Co. reached a new 52-week high, trading at $3.00 during mid-day trading, up from a previous close of $2.20.
• The stock has a 50-day moving average of $2.12 and a 200-day moving average of $1.73, indicating a recent upward trend.
• Sun Hung Kai operates primarily in Hong Kong and China, offering financial services like consumer finance, private credit, and mortgage loans.

Sun Hung Kai and Co. (OTCMKTS:SHGKY - )'s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $3.00 and last traded at $2.00, with a volume of 2916 shares changing hands. The stock had previously closed at $2.20.

Sun Hung Kai and Stock Performance

The stock has a 50 day moving average of $2.12 and a 200 day moving average of $1.73.

About Sun Hung Kai and

Sun Hung Kai & Co Limited, an investment holding company, provides financial services primarily in Hong Kong and the People's Republic of China. The company operates through Consumer Finance, Private Credit, Mortgage Loans, Investment Management, and Group Management and Support segments. It offers unsecured loan to individuals and businesses through branches and online platforms; and first mortgage and second mortgage loans to property owners, as well as customized financing solutions to property investors.

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