Lonking (OTCMKTS:LONKF) Reaches New 1-Year High – What’s Next?

Lonking Holdings Limited (OTCMKTS:LONKFGet Free Report) shares reached 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 changing hands. The stock had previously closed at $0.21.

Lonking Price Performance

The company’s 50-day moving average is $0.21 and its 200 day moving average is $0.19.

About Lonking

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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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