Chervon Holdings Limited (OTCMKTS:CHRHF – Get Free Report) shares were up 7.7% during trading on Monday. The stock traded as high as $4.50 and last traded at $4.50. Approximately 1,002 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 2,681 shares. The stock had previously closed at $4.18.
Chervon Price Performance
The firm’s 50-day moving average price is $3.57 and its two-hundred day moving average price is $2.76.
About Chervon
Chervon is a China-based manufacturer of power tools and outdoor power equipment. The company develops and produces cordless and corded tools, batteries, chargers and related equipment for professional contractors, consumers and commercial users.
Its product portfolio includes power tools for construction, woodworking and home improvement, as well as outdoor equipment such as lawn mowers, trimmers, blowers and chainsaws. Chervon markets products under brands including EGO, FLEX Power Tools and SKIL, with offerings sold through retail, professional and distribution channels.
Founded in 1994 and headquartered in Nanjing, China, Chervon serves customers in international markets through its manufacturing, product-development and distribution operations.
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