Shenzhen Investment Holdings Bay Area Development (OTCMKTS:SIHBY) Stock Price Down 25.9% – Here’s Why

Shenzhen Investment Holdings Bay Area Development Company Limited (OTCMKTS:SIHBYGet Free Report) shares were down 25.9% on Friday . The stock traded as low as $1.95 and last traded at $1.95. Approximately 114 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 4,030 shares. The stock had previously closed at $2.63.

Shenzhen Investment Holdings Bay Area Development Stock Performance

The company’s 50-day moving average price is $2.61 and its two-hundred day moving average price is $2.26. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.47 and a quick ratio of 0.47.

Shenzhen Investment Holdings Bay Area Development Company Profile

(Get Free Report)

Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, initiates, promotes, develops, and operates toll expressways and bridges in the People’s Republic of China. The company operates through Coastal Expressway (Shenzhen Section), GS Superhighway, GZ West Superhighway, and Xintang Interchange segments.

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