Shangri-La Asia (OTCMKTS:SHALY) Trading Down 3.3% – Should You Sell?

Shangri-La Asia Limited (OTCMKTS:SHALYGet Free Report)’s share price dropped 3.3% during mid-day trading 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 Stock Down 3.3 %

The company’s 50-day moving average price is $12.58 and its 200 day moving average price is $13.59. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.92 and a current ratio of 1.94.

About Shangri-La Asia

(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.

Featured Stories

Receive News & Ratings for Shangri-La Asia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shangri-La Asia and related companies with MarketBeat.com's FREE daily email newsletter.