Hainan Meilan International Airport (OTCMKTS:HMCTF) Trading Down 3.2% – What’s Next?

Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTFGet Free Report)’s stock price was down 3.2% on Thursday . The company traded as low as $1.21 and last traded at $1.21. Approximately 5,826 shares traded hands during mid-day trading, an increase of 243% from the average daily volume of 1,700 shares. The stock had previously closed at $1.25.

Hainan Meilan International Airport Stock Performance

The company has a fifty day simple moving average of $1.26 and a 200-day simple moving average of $1.27.

Hainan Meilan International Airport Company Profile

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Hainan Meilan International Airport Co, Ltd. (OTCMKTS: HMCTF) is the state-owned operator and developer of Hainan Meilan International Airport, located in Haikou, the capital city of Hainan Province, China. As the primary aviation gateway to China’s southernmost province, the company is responsible for the planning, construction, operation and management of airport facilities serving both passenger and cargo traffic.

The company’s core business activities encompass passenger terminal services, air cargo logistics, ground handling, fueling and aircraft maintenance support.

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