Sun Hung Kai and (OTCMKTS:SHGKY) Shares Gap Up – Time to Buy?

Sun Hung Kai and Co. (OTCMKTS:SHGKYGet Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $2.05, but opened at $2.45. Sun Hung Kai and shares last traded at $2.45, with a volume of 698 shares traded.

Sun Hung Kai and Stock Performance

The company’s 50 day moving average is $2.13 and its 200 day moving average is $2.11. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.69 and a quick ratio of 1.69.

About Sun Hung Kai and

(Get Free Report)

Sun Hung Kai & Co Limited is a Hong Kong–based non-bank financial institution offering a diversified suite of services across securities brokerage, asset management, corporate finance and wealth management. Originally founded in 1969 as a securities brokerage firm, the company has since broadened its scope to include individually tailored investment solutions, structured products and advisory services for both institutional and private clients.

The asset management division of Sun Hung Kai oversees portfolios spanning public equities, fixed income and alternative investments, including private equity and real estate.

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