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Lonking (OTCMKTS:LONKF) Shares Up 21.4% - Still a Buy?

Lonking logo with Industrial Products background
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Shares of Lonking Holdings Limited (OTCMKTS:LONKF - Get Free Report) rose 21.4% on Friday . The company traded as high as $0.21 and last traded at $0.21. Approximately 2,640 shares changed hands during trading, a decline of 76% from the average daily volume of 10,936 shares. The stock had previously closed at $0.17.

Lonking Stock Up 21.4 %

The stock has a 50 day simple moving average of $0.19 and a 200 day simple moving average of $0.19.

Lonking Company Profile

(Get Free Report)

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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