Sun Hung Kai and (OTCMKTS:SHGKY) Reaches New 12-Month High – Time to Buy?

Sun Hung Kai and Co. (OTCMKTS:SHGKYGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $3.48 and last traded at $2.61, with a volume of 223601 shares traded. The stock had previously closed at $2.85.

Sun Hung Kai and Stock Performance

The business’s 50-day simple moving average is $2.13 and its 200-day simple moving average is $2.12. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.69 and a quick ratio of 1.69.

About Sun Hung Kai and

(Get Free Report)

Sun Hung Kai & Co Limited is a Hong Kong–based non-bank financial institution offering a diversified suite of services across securities brokerage, asset management, corporate finance and wealth management. Originally founded in 1969 as a securities brokerage firm, the company has since broadened its scope to include individually tailored investment solutions, structured products and advisory services for both institutional and private clients.

The asset management division of Sun Hung Kai oversees portfolios spanning public equities, fixed income and alternative investments, including private equity and real estate.

See Also

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