Globalink Investment (NASDAQ:GLLI) Shares Down 7.2% – What’s Next?

Globalink Investment Inc. (NASDAQ:GLLIGet Free Report)’s stock price dropped 7.2% on Tuesday . The stock traded as low as $11.13 and last traded at $11.13. Approximately 160 shares changed hands during trading, a decline of 97% from the average daily volume of 5,166 shares. The stock had previously closed at $12.00.

Globalink Investment Trading Down 7.2 %

The stock has a market capitalization of $66.87 million, a PE ratio of -48.39 and a beta of 0.02. The stock’s fifty day simple moving average is $11.91 and its 200-day simple moving average is $11.65.

About Globalink Investment

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Globalink Investment Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire businesses in the medical technology and green energy sectors in North America, Europe, Southeast Asia, and Asia excluding China, Hong Kong, and Macau.

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