Sun Hung Kai and (OTCMKTS:SHGKY) Stock Price Up 6.8% – Should You Buy?

Sun Hung Kai and Co. (OTCMKTS:SHGKYGet Free Report) rose 6.8% on Tuesday . The company traded as high as $2.35 and last traded at $2.35. Approximately 104 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 1,963 shares. The stock had previously closed at $2.20.

Sun Hung Kai and Trading Up 1.7%

The business has a 50-day moving average of $2.25 and a 200-day moving average of $1.81.

Sun Hung Kai and Company Profile

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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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