Luk Fook (OTCMKTS:LKFLF) Shares Gap Down – Time to Sell?
by Michael Walen · The Markets DailyShares of Luk Fook Holdings (OTCMKTS:LKFLF – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $3.37, but opened at $3.0450. Luk Fook shares last traded at $3.0450, with a volume of 1,000 shares.
Luk Fook Price Performance
The firm has a fifty day simple moving average of $3.17 and a two-hundred day simple moving average of $3.01. The company has a current ratio of 3.14, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02.
About Luk Fook
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.