Sun Hung Kai and (OTCMKTS:SHGKY) Shares Gap Up - Time to Buy?

Key Points

• Sun Hung Kai and Co. shares gapped up ahead of market opening, rising from a previous close of $2.04 to $2.30.
• The stock has a 50-day moving average of $2.17 and a 200-day moving average of $1.74.
• Sun Hung Kai & Co. primarily provides financial services such as consumer finance, private credit, and mortgage loans in Hong Kong and China.

Sun Hung Kai and Co. (OTCMKTS:SHGKY - ) gapped up before the market opened on Tuesday . The stock had previously closed at $2.04, but opened at $2.30. Sun Hung Kai and shares last traded at $2.30, with a volume of 131 shares changing hands.

Sun Hung Kai and Stock Performance

The stock has a 50 day simple moving average of $2.17 and a two-hundred day simple moving average of $1.74.

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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