GungHo Online Entertainment (OTCMKTS:GUNGF) Shares Down 27.9% – What’s Next?

Shares of GungHo Online Entertainment, Inc. (OTCMKTS:GUNGFGet Free Report) fell 27.9% on Wednesday . The stock traded as low as $17.34 and last traded at $17.34. 1 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 1,342 shares. The stock had previously closed at $24.04.

GungHo Online Entertainment Price Performance

The business has a 50 day simple moving average of $19.99 and a 200-day simple moving average of $20.28.

About GungHo Online Entertainment

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GungHo Online Entertainment, Inc plans, develops, operates, and distributes smartphone applications, console games, and online computer games. The company was formerly known as ONSale Co, Ltd. and changed its name to GungHo Online Entertainment, Inc in August 2002. GungHo Online Entertainment, Inc was incorporated in 1998 and is based in Tokyo, Japan.

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