Shangri-La Asia (OTCMKTS:SHALY) Trading Down 3.3% – Time to Sell?

Shangri-La Asia Limited (OTCMKTS:SHALYGet Free Report) shares traded down 3.3% during trading on Tuesday . The company traded as low as $11.99 and last traded at $11.99. 6,803 shares changed hands during mid-day trading, an increase of 697% from the average session volume of 854 shares. The stock had previously closed at $12.40.

Shangri-La Asia Stock Performance

The firm has a 50 day moving average price of $12.58 and a 200 day moving average price of $13.59. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.94 and a quick ratio of 1.92.

Shangri-La Asia Company Profile

(Get Free Report)

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.

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