Sun Hung Kai and (OTCMKTS:SHGKY) Sees Large Volume Increase - Here's What Happened

Key Points

• Sun Hung Kai & Co. experienced a significant trading volume increase of 47%, with approximately 3,258 shares traded compared to 2,218 shares in the previous session.
• The stock is currently priced at $2.48, showing a slight increase from its previous close of $2.44.
• Sun Hung Kai & Co. is involved in various financial services, including consumer finance, private credit, and investment management, primarily in Hong Kong and mainland China.

Shares of Sun Hung Kai and Co. (OTCMKTS:SHGKY - ) saw unusually-strong trading volume on Friday . Approximately 3,258 shares traded hands during mid-day trading, an increase of 47% from the previous session's volume of 2,218 shares.The stock last traded at $2.48 and had previously closed at $2.44.

Sun Hung Kai and Price Performance

The business's fifty day moving average price is $2.09 and its two-hundred day moving average price is $1.72.

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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