Shares of FIH Mobile Limited (OTCMKTS:FXCNY – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $20.18 and last traded at $20.18, with a volume of 168 shares traded. The stock had previously closed at $20.18.
FIH Mobile Stock Down 8.8%
The firm has a fifty day moving average price of $28.83 and a 200 day moving average price of $30.28.
About FIH Mobile
FIH Mobile Limited is a Hong Kong-listed subsidiary of Hon Hai Precision Industry, commonly known as Foxconn. The company provides design, development and manufacturing services for mobile communication devices and related electronics, primarily serving global brands and other original equipment manufacturers.
Its activities include product engineering, component procurement, assembly, testing, supply-chain management and after-sales support. FIH Mobile has also participated in the development and production of smartphones, feature phones, tablets, wireless devices and other connected products, with operations and manufacturing capabilities serving customers across Asia and other international markets.
The company was formerly known as Foxconn International Holdings Limited and adopted the FIH Mobile name in 2016.
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