GungHo Online Entertainment (OTCMKTS:GUNGF) Stock Price Down 27.9% – Here’s What Happened

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGFGet Free Report) was down 27.9% during trading on Wednesday . The company traded as low as $17.34 and last traded at $17.34. Approximately 1 shares changed hands during trading, a decline of 100% from the average daily volume of 1,342 shares. The stock had previously closed at $24.04.

GungHo Online Entertainment Trading Down 27.9 %

The business has a 50-day moving average price of $20.04 and a 200 day moving average price of $20.30.

About GungHo Online Entertainment

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GungHo Online Entertainment, Inc plans, develops, operates, and distributes smartphone applications, console games, and online computer games. The company was formerly known as ONSale Co, Ltd. and changed its name to GungHo Online Entertainment, Inc in August 2002. GungHo Online Entertainment, Inc was incorporated in 1998 and is based in Tokyo, Japan.

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