Skyworth Group Limited (OTCMKTS:SWDHF – Get Free Report) shares traded down 49.1% during mid-day trading on Friday. The stock traded as low as $0.4215 and last traded at $0.4410. 5,000 shares were traded during mid-day trading, an increase of 2,400% from the average session volume of 200 shares. The stock had previously closed at $0.8664.
Skyworth Group Stock Down 49.1%
The business has a fifty day moving average price of $0.58 and a 200 day moving average price of $0.71.
About Skyworth Group
Skyworth Group Limited is a Hong Kong-based consumer electronics and home appliance company founded in 1988. The group develops, manufactures and sells products under the Skyworth brand and related brands, serving residential consumers and commercial customers.
Its product portfolio includes smart televisions, display products, set-top boxes and other digital multimedia equipment, as well as refrigerators, washing machines, air conditioners and other smart home appliances. The company also provides connected-home products and related technologies designed to integrate entertainment, appliances and internet-enabled services.
Skyworth sells its products in mainland China and international markets through retail, distribution and online channels.
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