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Shenzhen Investment Holdings Bay Area Development (OTCMKTS:SIHBY) Shares Down 25.9% - Here's What Happened

Shenzhen Investment Holdings Bay Area Development logo with Finance background

Shenzhen Investment Holdings Bay Area Development Company Limited (OTCMKTS:SIHBY - Get Free Report)'s stock price dropped 25.9% on Friday . The company traded as low as $1.95 and last traded at $1.95. Approximately 114 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 4,030 shares. The stock had previously closed at $2.63.

Shenzhen Investment Holdings Bay Area Development Stock Performance

The firm's 50 day moving average is $2.61 and its two-hundred day moving average is $2.25. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.47 and a current ratio of 0.47.

Shenzhen Investment Holdings Bay Area Development Company Profile

(Get Free Report)

Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, initiates, promotes, develops, and operates toll expressways and bridges in the People's Republic of China. The company operates through Coastal Expressway (Shenzhen Section), GS Superhighway, GZ West Superhighway, and Xintang Interchange segments.

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