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Luk Fook Holdings (International) (OTCMKTS:LKFLF) Stock Price Up 3.7% - Still a Buy?

Luk Fook Holdings (International) logo with Retail/Wholesale background

Luk Fook Holdings (International) Limited (OTCMKTS:LKFLF - Get Free Report)'s stock price rose 3.7% during mid-day trading on Thursday . The company traded as high as $1.91 and last traded at $1.91. Approximately 3,000 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 6,400 shares. The stock had previously closed at $1.84.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Luk Fook Holdings (International) to a "hold" rating in a research report on Monday, October 7th.

Check Out Our Latest Stock Report on Luk Fook Holdings (International)

Luk Fook Holdings (International) Stock Performance

The company's 50-day simple moving average is $1.98 and its 200 day simple moving average is $1.98.

About Luk Fook Holdings (International)

(Get Free Report)

Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products. It offers ring and pair rings, necklaces, pendants, earrings, bangles and bracelets, charms, figurines, accessories, and other products of various materials comprising diamond, gold, platinum, jadeite, gemstone, pearl, and silver materials.

Further Reading

Should you invest $1,000 in Luk Fook Holdings (International) right now?

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