Hengan International Group (OTCMKTS:HEGIY) Shares Gap Up – Still a Buy?

Shares of Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) gapped up before the market opened on Monday . The stock had previously closed at $18.1740, but opened at $18.80. Hengan International Group shares last traded at $18.80, with a volume of 259 shares trading hands.

Hengan International Group Price Performance

The firm’s fifty day simple moving average is $18.06 and its 200-day simple moving average is $16.40. The company has a quick ratio of 0.99, a current ratio of 1.16 and a debt-to-equity ratio of 0.01.

Hengan International Group Company Profile

Hengan International Group Company Limited, through its subsidiaries, engages in the production and distribution of household hygiene products in the People’s Republic of China. Incorporated in Bermuda in 1997, the company has its operational headquarters in Jinjiang, Fujian Province. Hengan’s offerings span sanitary napkins, baby diapers, adult diapers, toilet paper, facial tissue and paper towels, marketed under flagship brands such as Sofy and Hengan. The group’s vertically integrated manufacturing network encompasses raw material procurement, production, packaging and sales to ensure rigorous quality control and supply chain efficiency.

Since its founding in 1985, Hengan International has grown to become one of China’s leading tissue and hygiene product manufacturers.