FIT Hon Teng (OTCMKTS:FITGF) Trading Down 5% – Time to Sell?

FIT Hon Teng Limited (OTCMKTS:FITGFGet Free Report)’s share price dropped 5% during mid-day trading on Thursday . The company traded as low as $0.60 and last traded at $0.60. Approximately 1,033 shares traded hands during mid-day trading, an increase of 24% from the average daily volume of 833 shares. The stock had previously closed at $0.6318.

FIT Hon Teng Price Performance

The stock’s 50-day moving average price is $0.67 and its 200-day moving average price is $0.60.

About FIT Hon Teng

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FIT Hon Teng Ltd is a Hong Kong–based manufacturer and supplier of electronic interconnect solutions, specializing in a wide range of board-to-board connectors, flexible printed circuits (FPC), cable assemblies and related modules. The company serves customers across consumer electronics, data communications, industrial and automotive markets, providing end-to-end design, prototyping, testing and high-volume production capabilities.

Its product portfolio includes high-speed transmission connectors, FFC/FPC cable assemblies, backplane connectors and custom interconnect modules tailored to meet the precise requirements of smartphones, tablets, networking equipment, industrial machinery and in-vehicle electronic systems.

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