Lonking (OTCMKTS:LKHLY) Trading Up 4.9% – Still a Buy?

Lonking Holdings Limited (OTCMKTS:LKHLYGet Free Report) shares rose 4.9% on Friday . The stock traded as high as $9.43 and last traded at $9.00. Approximately 300 shares traded hands during trading, a decline of 47% from the average daily volume of 562 shares. The stock had previously closed at $8.58.

Lonking Trading Up 4.9 %

The stock’s fifty day simple moving average is $9.39 and its 200-day simple moving average is $9.58.

Lonking Company Profile

(Get Free Report)

Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China and internationally. It operates through three segments: Sale of Construction Machinery, Finance Lease of Construction Machinery, and Financial Investment.

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