Hengan International Group (OTCMKTS:HEGIY) Shares Gap Down – Here’s Why
by Amy Steele · The Cerbat GemShares of Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $13.16, but opened at $12.50. Hengan International Group shares last traded at $12.52, with a volume of 1,529 shares traded.
Hengan International Group Trading Down 3.9%
The company’s fifty day moving average is $14.69 and its 200 day moving average is $15.94.
About Hengan International Group
Hengan International Group Company Limited is a China-based manufacturer and distributor of personal hygiene and household paper products. The company’s portfolio includes sanitary napkins, tissue paper, toilet paper, wet wipes, disposable diapers and other everyday consumer products.
Hengan markets its products under brands including Hearttex, 7 Space and Anerle, serving consumers primarily through retail, e-commerce and other distribution channels in mainland China. The company also distributes products in selected international markets.
Founded in 1985 and headquartered in Jinjiang, Fujian Province, Hengan has developed manufacturing, sales and distribution operations focused on the growing personal-care and household-consumer goods markets.