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Shangri-La Asia (OTCMKTS:SHALY) Trading Down 3.3% - What's Next?

Shangri-La Asia logo with Consumer Discretionary background

Shangri-La Asia Limited (OTCMKTS:SHALY - Get Free Report)'s share price was down 3.3% on Tuesday . The company traded as low as $11.99 and last traded at $11.99. Approximately 6,803 shares were traded during trading, an increase of 697% from the average daily volume of 854 shares. The stock had previously closed at $12.40.

Shangri-La Asia Price Performance

The firm has a fifty day moving average of $12.50 and a 200-day moving average of $13.56. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.94 and a quick ratio of 1.92.

Shangri-La Asia Company Profile

(Get Free Report)

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.

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