Luk Fook (OTCMKTS:LKFLF) Shares Gap Up – Still a Buy?

Luk Fook Holdings (OTCMKTS:LKFLF – Get Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $2.6750, but opened at $2.95. Luk Fook shares last traded at $2.95, with a volume of 5,000 shares traded.

Luk Fook Stock Up 10.3%

The company’s 50 day simple moving average is $2.89 and its 200 day simple moving average is $3.29. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.13 and a quick ratio of 0.45.

Luk Fook Company Profile

(Get Free Report)

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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