Shares of FIH Mobile Limited (OTCMKTS:FXCNY – Get Free Report) hit a new 52-week low during trading on Friday. The company traded as low as $16.54 and last traded at $16.54, with a volume of 400 shares traded. The stock had previously closed at $22.1375.
FIH Mobile Trading Down 18.0%
The business has a 50-day moving average price of $25.27 and a 200-day moving average price of $29.67.
FIH Mobile Company Profile
FIH Mobile Limited is a Hong Kong-based electronics manufacturing services provider focused primarily on the mobile communications industry. The company designs, develops and manufactures mobile devices and related products for global telecommunications and consumer electronics brands.
Its activities have included the production of smartphones, feature phones, tablets, wireless communications equipment and other smart devices. FIH Mobile also provides product development, engineering, supply-chain management, assembly, testing and after-sales services, allowing customers to outsource much of the design and manufacturing process.
The company was formerly known as Foxconn International Holdings Limited and adopted the FIH Mobile name as part of its continued focus on mobile-device manufacturing.
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