Haidilao International (OTCMKTS:HDALF) Trading Up 2.2% – What’s Next?

Shares of Haidilao International Holding Ltd. (OTCMKTS:HDALFGet Free Report) shot up 2.2% during mid-day trading on Friday . The stock traded as high as $1.86 and last traded at $1.86. 400 shares changed hands during trading, a decline of 38% from the average session volume of 650 shares. The stock had previously closed at $1.8205.

Haidilao International Price Performance

The firm has a 50 day moving average of $1.73 and a two-hundred day moving average of $1.69.

About Haidilao International

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Haidilao International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery businesses. The company through operates through Restaurant Operation, Delivery Business, and Sales of Condiment Products and Food Ingredients segments. It also operates a Haidilao branded Chinese cuisine restaurant that offers hot pot cuisine. In addition, the company is involved in the technology; hotel operation; property investment management and consulting; and trading businesses.

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