Hengan International Group (OTCMKTS:HEGIY) Shares Gap Down – Time to Sell?

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIYGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $13.16, but opened at $12.50. Hengan International Group shares last traded at $12.52, with a volume of 1,529 shares changing hands.

Hengan International Group Trading Down 3.9%

The business’s fifty day moving average is $14.69 and its 200 day moving average is $15.94.

Hengan International Group Company Profile

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Hengan International Group Company Limited is a China-based manufacturer and distributor of personal hygiene and household paper products. The company’s portfolio includes sanitary napkins, tissue paper, toilet paper, wet wipes, disposable diapers and other everyday consumer products.

Hengan markets its products under brands including Hearttex, 7 Space and Anerle, serving consumers primarily through retail, e-commerce and other distribution channels in mainland China. The company also distributes products in selected international markets.

Founded in 1985 and headquartered in Jinjiang, Fujian Province, Hengan has developed manufacturing, sales and distribution operations focused on the growing personal-care and household-consumer goods markets.

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