Luk Fook (OTCMKTS:LKFLF) Sets New 52-Week High – Should You Buy?

Shares of Luk Fook Holdings (OTCMKTS:LKFLF) reached a new 52-week high during trading on Wednesday . The stock traded as high as $3.90 and last traded at $3.90, with a volume of 100 shares traded. The stock had previously closed at $2.73.

Luk Fook Stock Performance

The firm’s 50 day simple moving average is $3.10 and its 200 day simple moving average is $3.08. The company has a quick ratio of 0.45, a current ratio of 3.13 and a debt-to-equity ratio of 0.02.

About Luk Fook

Luk Fook Jewellery Group Limited (OTCMKTS: LKFLF) is a Hong Kong–based retailer and manufacturer specializing in fine jewelry and related accessories. Established in 1991, the company designs, produces and distributes a broad range of jewelry products, including gold, platinum, diamond and gem-set pieces. Its vertically integrated operations encompass goldsmithing, jewelry design, casting, polishing and quality control, supporting both proprietary brands and private-label offerings.

The company’s product portfolio features traditional and contemporary collections, ranging from wedding bands, engagement rings and necklaces to jadeite bangles, gemstone pendants and pearl earrings.