Shangri-La Asia (OTCMKTS:SHALY) Sets New 12-Month Low – Here’s Why

Shares of Shangri-La Asia Limited (OTCMKTS:SHALYGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $11.00 and last traded at $11.00, with a volume of 185 shares. The stock had previously closed at $11.99.

Shangri-La Asia Price Performance

The company has a quick ratio of 1.92, a current ratio of 1.94 and a debt-to-equity ratio of 1.14. The business has a fifty day moving average price of $12.28 and a 200-day moving average price of $13.31.

About Shangri-La Asia

(Get Free Report)

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.

Further Reading

Receive News & Ratings for Shangri-La Asia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shangri-La Asia and related companies with MarketBeat.com's FREE daily email newsletter.