Ushio (OTCMKTS:UHOIF) Stock Falls 17.2% – Here’s Why

Ushio Inc. (OTCMKTS:UHOIF – Get Free Report) shares fell 17.2% during mid-day trading on Thursday. The stock traded as low as $21.6850 and last traded at $21.6850. Approximately 200 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 718 shares. The stock had previously closed at $26.20.

Ushio Stock Performance

The firm has a fifty day moving average of $26.00 and a two-hundred day moving average of $24.81.

Ushio Company Profile

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Ushio Inc is a Japan-based company that develops and manufactures light sources, optical equipment and related industrial systems. Its technologies are used in semiconductor and flat-panel display manufacturing, electronic component production, sterilization, curing, inspection and other specialized applications.

The company’s products include ultraviolet, excimer, xenon, metal-halide and other industrial lamps, as well as light-source systems and equipment used in photolithography, exposure, curing and surface treatment.

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