Hon Hai Precision Industry (OTCMKTS:HNHPF) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPFGet Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $10.63 and traded as low as $10.05. Hon Hai Precision Industry shares last traded at $10.77, with a volume of 26,020 shares trading hands.

Hon Hai Precision Industry Price Performance

The company’s 50-day moving average is $10.63 and its 200 day moving average is $11.50.

About Hon Hai Precision Industry

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Hon Hai Precision Industry Co, Ltd. provides electronic OEM services. The company offers consumer electronics comprising of television sets, game consoles, set-top boxes, and speakers. It also provides cloud networking products consisting of routers, servers, edge computing, data centers, and satellite communications and other related equipment.

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