Mongolia Growth Group (CVE:YAK) Reaches New 52-Week Low – Here’s Why

Mongolia Growth Group Ltd. (CVE:YAK)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$1.22 and last traded at C$1.22, with a volume of 500 shares traded. The stock had previously closed at C$1.23.

Mongolia Growth Group Trading Up 5.6 %

The stock has a 50 day moving average of C$1.30 and a 200 day moving average of C$1.40. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.10 and a quick ratio of 0.24. The firm has a market cap of C$34.07 million, a P/E ratio of 5.46 and a beta of 0.62.

Mongolia Growth Group Company Profile

Mongolia Growth Group Ltd., together with its subsidiaries, provides property management, leasing, renovation, and development services in Mongolia. The company operates through three segments: Investment Property Operations, Corporate, and Subscription Products. Its investment portfolio consists of office, retail, land and redevelopment, and commercial and residential properties.