Li & Fung (OTCMKTS:LFUGY) Trading Down 6.5% – Time to Sell?

by · The Markets Daily

Shares of Li & Fung Limited (OTCMKTS:LFUGY – Get Free Report) were down 6.5% during trading on Friday . The stock traded as low as $0.22 and last traded at $0.22. Approximately 1,000 shares were traded during trading, a decline of 94% from the average daily volume of 17,949 shares. The stock had previously closed at $0.24.

Li & Fung Stock Performance

The firm has a fifty day moving average price of $0.22 and a 200 day moving average price of $0.22.

About Li & Fung

(Get Free Report)

Li & Fung Limited, an investment holding company, engages in managing the supply chain for retailers and brands worldwide. The company operates through two segments, Services and Products. The Services segment provides supply chain solutions, including product design, raw materials procurement, production and quality control, warehouse management, and last-mile delivery to retail stores or end-consumers in footwear and apparel, fast-moving consumer goods, food and beverage, and healthcare industries.

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