Lonking (OTCMKTS:LONKF) Shares Down 9.5% – Here’s What Happened

Lonking Holdings Limited (OTCMKTS:LONKFGet Free Report) was down 9.5% during trading on Wednesday . The company traded as low as $0.21 and last traded at $0.21. Approximately 14,850 shares changed hands during trading, an increase of 7% from the average daily volume of 13,825 shares. The stock had previously closed at $0.23.

Lonking Price Performance

The stock’s fifty day moving average is $0.21 and its 200 day moving average is $0.19.

About Lonking

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Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. It operates through three segments: Sale of Construction Machinery, Finance Lease of Construction Machinery, and Financial Investment.

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