Luk Fook (OTCMKTS:LKFLF) Shares Gap Down – Should You Sell?

Shares of Luk Fook Holdings (OTCMKTS:LKFLFGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $2.95, but opened at $2.6750. Luk Fook shares last traded at $2.6750, with a volume of 872 shares traded.

Luk Fook Stock Performance

The stock’s 50-day moving average price is $2.96 and its 200 day moving average price is $3.31. The company has a quick ratio of 0.45, a current ratio of 3.13 and a debt-to-equity ratio of 0.02.

Luk Fook Company Profile

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Luk Fook Jewellery Group Limited (OTCMKTS: LKFLF) is a Hong Kong–based retailer and manufacturer specializing in fine jewelry and related accessories. Established in 1991, the company designs, produces and distributes a broad range of jewelry products, including gold, platinum, diamond and gem-set pieces. Its vertically integrated operations encompass goldsmithing, jewelry design, casting, polishing and quality control, supporting both proprietary brands and private-label offerings.

The company’s product portfolio features traditional and contemporary collections, ranging from wedding bands, engagement rings and necklaces to jadeite bangles, gemstone pendants and pearl earrings.

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