Lonking (OTCMKTS:LONKF) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Lonking Holdings Ltd. (OTCMKTS:LONKFGet Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.33 and traded as high as $0.33. Lonking shares last traded at $0.33, with a volume of 0 shares traded.

Lonking Price Performance

The company’s 50-day simple moving average is $0.33 and its 200-day simple moving average is $0.34.

Lonking Company Profile

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Lonking Holdings Limited is a China-based manufacturer and distributor of construction machinery and equipment. The company’s product portfolio includes wheel loaders, excavators, road rollers, forklifts and other earth-moving and material-handling machinery. Through its in-house design and engineering teams, Lonking develops equipment tailored to infrastructure, mining, logistics and agricultural applications.

Established in the early 1990s and headquartered in Zhanjiang, Guangdong Province, Lonking has grown from a regional manufacturer into a global supplier of construction machinery.

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