Haidilao International (OTCMKTS:HDALF) Shares Up 1.5% – Time to Buy?

Haidilao International Holding Ltd. (OTCMKTS:HDALFGet Free Report) shares rose 1.5% during mid-day trading on Monday . The company traded as high as $2.00 and last traded at $2.00. Approximately 1,000 shares changed hands during trading, an increase of 33% from the average daily volume of 750 shares. The stock had previously closed at $1.97.

Haidilao International Stock Up 1.5 %

The firm’s 50 day simple moving average is $2.07 and its 200 day simple moving average is $1.89.

Haidilao International Company Profile

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Haidilao International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery businesses. The company through operates through Restaurant Operation, Delivery Business, and Sales of Condiment Products and Food Ingredients segments. It also operates a Haidilao branded Chinese cuisine restaurant that offers hot pot cuisine.

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