Hon Hai Precision Industry (OTCMKTS:HNHPF) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Shares of Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPFGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.27 and traded as low as $8.59. Hon Hai Precision Industry shares last traded at $8.72, with a volume of 45,329 shares.

Hon Hai Precision Industry Price Performance

The company’s 50-day moving average price is $10.22 and its two-hundred day moving average price is $11.34.

Hon Hai Precision Industry Company Profile

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Hon Hai Precision Industry Co, Ltd. provides electronic OEM services. The company offers consumer electronics comprising of television sets, game consoles, set-top boxes, and speakers. It also provides cloud networking products consisting of routers, servers, edge computing, data centers, and satellite communications and other related equipment.

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