Hengan International Group (OTCMKTS:HEGIY) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY – Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $13.00 and traded as high as $13.6375. Hengan International Group shares last traded at $13.61, with a volume of 16,010 shares.

Hengan International Group Stock Performance

The company has a 50 day moving average price of $13.00 and a 200-day moving average price of $15.69. The company has a quick ratio of 1.02, a current ratio of 1.20 and a debt-to-equity ratio of 0.01.

About Hengan International Group

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Hengan International Group Co Ltd. is a Chinese manufacturer and distributor of personal hygiene and household paper products. The company’s product portfolio includes sanitary napkins, baby and adult diapers, tissue paper, toilet paper, facial tissues, and other disposable hygiene products.

Hengan markets its products under brands including Xinxiangyin, 7 Space, Anerle, Hearttex, and Hengan, serving consumers through retail, e-commerce, and other distribution channels. Its operations are primarily focused on mainland China, with products also distributed in selected international markets.

Founded in 1985 and headquartered in Jinjiang, Fujian Province, Hengan has developed into one of China’s established hygiene-product companies.

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