Lonking (OTCMKTS:LONKF) Reaches New 52-Week High – Should You Buy?

Shares of Lonking Holdings Limited (OTCMKTS:LONKFGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $0.24 and last traded at $0.24, with a volume of 1492 shares trading hands. The stock had previously closed at $0.21.

Lonking Stock Up 15.3 %

The company has a fifty day moving average price of $0.21 and a 200-day moving average price of $0.19.

About Lonking

(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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