Lonking (OTCMKTS:LKHLY) Trading Up 4.9% – Should You Buy?

Lonking Holdings Limited (OTCMKTS:LKHLYGet Free Report)’s stock price rose 4.9% during trading on Friday . The stock traded as high as $9.43 and last traded at $9.00. Approximately 300 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 562 shares. The stock had previously closed at $8.58.

Lonking Price Performance

The stock has a 50-day moving average price of $9.39 and a 200 day moving average price of $9.58.

Lonking Company Profile

(Get Free Report)

Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China and internationally. It operates through three segments: Sale of Construction Machinery, Finance Lease of Construction Machinery, and Financial Investment.

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