Haidilao International (OTCMKTS:HDALF) Stock Jumps 2.6% – Here’s Why

Haidilao International Holding Ltd. (OTCMKTS:HDALF – Get Free Report) shares traded up 2.6% on Monday. The company traded as high as $1.20 and last traded at $1.20. 3,500 shares were traded during trading, a decline of 87% from the average daily volume of 27,904 shares. The stock had previously closed at $1.17.

Haidilao International Stock Up 10.0%

The company’s fifty day moving average is $1.28 and its two-hundred day moving average is $1.66.

About Haidilao International

(Get Free Report)

Haidilao International Holding Ltd. is a China-based restaurant company best known for operating Haidilao hot pot restaurants. Its restaurants offer individual hot pot cooking, allowing customers to select broths and cook a variety of meats, seafood, vegetables, noodles and other ingredients at the table. The company is also recognized for its service-focused dining experience, which may include table-side preparation, entertainment and other customer amenities.

Haidilao was founded in 1994 and developed from a single restaurant in Jianyang, Sichuan, into an international restaurant brand.

Recommended Stories

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