Luk Fook Holdings (International) (OTCMKTS:LKFLF) Stock Price Down 2.4% – Time to Sell?

Luk Fook Holdings (International) Limited (OTCMKTS:LKFLF)’s share price fell 2.4% on Monday . The company traded as low as $1.83 and last traded at $1.83. 8,000 shares changed hands during mid-day trading, an increase of 40% from the average session volume of 5,700 shares. The stock had previously closed at $1.87.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Luk Fook Holdings (International) to a “hold” rating in a report on Monday, October 7th.

Luk Fook Holdings (International) Stock Performance

The firm has a 50 day moving average price of $1.81 and a 200 day moving average price of $1.88.

Luk Fook Holdings (International) Company Profile

Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products. It offers ring and pair rings, necklaces, pendants, earrings, bangles and bracelets, charms, figurines, accessories, and other products of various materials comprising diamond, gold, platinum, jadeite, gemstone, pearl, and silver materials.