Hengan International Group (OTCMKTS:HEGIY) Hits New 1-Year Low – Should You Sell?

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIYGet Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $13.65 and last traded at $13.65, with a volume of 3329 shares. The stock had previously closed at $14.80.

Hengan International Group Trading Down 7.1%

The firm’s fifty day moving average is $16.32 and its 200-day moving average is $17.41.

Hengan International Group Company Profile

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Hengan International Group Company Limited, through its subsidiaries, engages in the production and distribution of household hygiene products in the People’s Republic of China. Incorporated in Bermuda in 1997, the company has its operational headquarters in Jinjiang, Fujian Province. Hengan’s offerings span sanitary napkins, baby diapers, adult diapers, toilet paper, facial tissue and paper towels, marketed under flagship brands such as Sofy and Hengan. The group’s vertically integrated manufacturing network encompasses raw material procurement, production, packaging and sales to ensure rigorous quality control and supply chain efficiency.

Since its founding in 1985, Hengan International has grown to become one of China’s leading tissue and hygiene product manufacturers.

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