Luk Fook (OTCMKTS:LKFLF) Shares Gap Up – Still a Buy?

Shares of Luk Fook Holdings (OTCMKTS:LKFLF) gapped up before the market opened on Tuesday . The stock had previously closed at $2.6750, but opened at $3.00. Luk Fook shares last traded at $3.00, with a volume of 1,000 shares traded.

Luk Fook Stock Up 1.7%

The business has a fifty day simple moving average of $2.89 and a 200-day simple moving average of $3.24. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.67 and a quick ratio of 0.50.

Luk Fook Company Profile

Luk Fook Jewellery Group Limited (OTCMKTS: LKFLF) is a Hong Kong–based retailer and manufacturer specializing in fine jewelry and related accessories. Established in 1991, the company designs, produces and distributes a broad range of jewelry products, including gold, platinum, diamond and gem-set pieces. Its vertically integrated operations encompass goldsmithing, jewelry design, casting, polishing and quality control, supporting both proprietary brands and private-label offerings.

The company’s product portfolio features traditional and contemporary collections, ranging from wedding bands, engagement rings and necklaces to jadeite bangles, gemstone pendants and pearl earrings.