Sinotruk (Hong Kong) (OTCMKTS:SHKLY) Trading 20.2% Higher – Still a Buy?

Sinotruk (Hong Kong) Limited (OTCMKTS:SHKLY) shares traded up 20.2% on Thursday . The company traded as high as $140.00 and last traded at $140.00. 561 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 786 shares. The stock had previously closed at $116.45.

Sinotruk (Hong Kong) Stock Performance

The firm’s 50-day simple moving average is $125.44 and its 200-day simple moving average is $124.27.

About Sinotruk (Hong Kong)

Sinotruk (Hong Kong) Limited, an investment holding company, engages in the research, development, manufacture, and sale of heavy-duty trucks (HDT), medium-heavy duty trucks, light duty trucks (LDT), buses, and related parts and components in Mainland China and internationally. The company operates through four segments: Heavy Duty Trucks, Light Duty Trucks and Others, Engines, and Finance.