Haidilao International (OTCMKTS:HDALF) Shares Down 5.6% – Here’s What Happened

Haidilao International Holding Ltd. (OTCMKTS:HDALF – Get Free Report) shares fell 5.6% during mid-day trading on Friday . The stock traded as low as $1.5582 and last traded at $1.5582. 216,775 shares traded hands during mid-day trading, an increase of 739% from the average session volume of 25,841 shares. The stock had previously closed at $1.65.

Haidilao International Stock Down 5.6%

The company’s 50 day moving average price is $1.89 and its 200-day moving average price is $1.85.

Haidilao International Company Profile

(Get Free Report)

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery businesses. The company through operates through Restaurant Operation, Delivery Business, and Sales of Condiment Products and Food Ingredients segments. It also operates a Haidilao branded Chinese cuisine restaurant that offers hot pot cuisine. In addition, the company is involved in the technology; hotel operation; property investment management and consulting; and trading businesses.

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