Luk Fook Holdings (International) (OTCMKTS:LKFLF) Trading Down 2.4% – What’s Next?

Luk Fook Holdings (International) Limited (OTCMKTS:LKFLF)’s share price dropped 2.4% on Monday . The company traded as low as $1.83 and last traded at $1.83. Approximately 8,000 shares were traded during trading, an increase of 40% from the average daily volume of 5,700 shares. The stock had previously closed at $1.87.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Luk Fook Holdings (International) to a “hold” rating in a research note on Monday, October 7th.

Luk Fook Holdings (International) Stock Up 12.3 %

The stock’s 50 day moving average is $1.81 and its 200-day moving average is $1.88.

Luk Fook Holdings (International) Company Profile

Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products. It offers ring and pair rings, necklaces, pendants, earrings, bangles and bracelets, charms, figurines, accessories, and other products of various materials comprising diamond, gold, platinum, jadeite, gemstone, pearl, and silver materials.