HUTCHISON TELEC/ADR (OTCMKTS:HTHKY) Stock Crosses Above 50 Day Moving Average – Here’s Why

HUTCHISON TELEC/ADR (OTCMKTS:HTHKYGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.99 and traded as high as $6.00. HUTCHISON TELEC/ADR shares last traded at $5.9860, with a volume of 1,600 shares.

HUTCHISON TELEC/ADR Trading Up 1.1%

The stock’s 50-day simple moving average is $5.99 and its 200 day simple moving average is $5.99.

HUTCHISON TELEC/ADR Company Profile

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Hutchison Telecommunications International Limited (ADR ticker: HTHKY) is a Hong Kong–based telecommunications operator that offers a broad range of mobile, fixed-line and data services. As an ADR issuer, the company enables U.S. investors to gain exposure to its underlying shares, which trade on the Stock Exchange of Hong Kong. Hutchison Telecom focuses on delivering voice and data solutions to retail and enterprise customers under its “3” brand and through direct wholesale arrangements.

The company’s core mobile business provides voice, messaging and high-speed mobile broadband services over its own 4G network infrastructure.

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