Luk Fook (OTCMKTS:LKFLF) Stock Price Down 19.5% – What’s Next?

Luk Fook Holdings (OTCMKTS:LKFLF) dropped 19.5% on Tuesday . The company traded as low as $2.94 and last traded at $2.94. Approximately 1,311 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 2,422 shares. The stock had previously closed at $3.65.

Luk Fook Price Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 3.14 and a quick ratio of 0.66. The stock’s fifty day simple moving average is $3.25 and its two-hundred day simple moving average is $2.79.

Luk Fook 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.