Lonking (OTCMKTS:LONKF) Stock Price Up 21.4% – Still a Buy?

Lonking Holdings Limited (OTCMKTS:LONKFGet Free Report)’s share price shot up 21.4% during mid-day trading on Friday . The stock traded as high as $0.21 and last traded at $0.21. 2,640 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 10,936 shares. The stock had previously closed at $0.17.

Lonking Stock Up 21.4 %

The stock’s 50 day moving average price is $0.19 and its 200 day moving average price is $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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