Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY – Get Free Report) dropped 5.2% during mid-day trading on Friday . The stock traded as low as $14.5575 and last traded at $14.5736. 1,939 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 27,279 shares. The stock had previously closed at $15.3650.
Hengan International Group Stock Performance
The firm’s 50-day moving average is $14.89 and its two-hundred day moving average is $16.47.
About Hengan International Group
Hengan International Group Company Limited, through its subsidiaries, engages in the production and distribution of household hygiene products in the People’s Republic of China. Incorporated in Bermuda in 1997, the company has its operational headquarters in Jinjiang, Fujian Province. Hengan’s offerings span sanitary napkins, baby diapers, adult diapers, toilet paper, facial tissue and paper towels, marketed under flagship brands such as Sofy and Hengan. The group’s vertically integrated manufacturing network encompasses raw material procurement, production, packaging and sales to ensure rigorous quality control and supply chain efficiency.
Since its founding in 1985, Hengan International has grown to become one of China’s leading tissue and hygiene product manufacturers.
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