Luk Fook (OTCMKTS:LKFLF) Shares Gap Up – Here’s Why

Luk Fook Holdings (OTCMKTS:LKFLF) shares gapped up before the market opened on Monday . The stock had previously closed at $2.8625, but opened at $3.18. Luk Fook shares last traded at $3.18, with a volume of 4,189 shares traded.

Luk Fook Trading Up 16.5%

The stock’s fifty day moving average price is $3.07 and its two-hundred day moving average price is $3.03.

Luk Fook Company Profile

Luk Fook Jewellery Group Limited (OTCMKTS: LKFLF) is a Hong Kong–based retailer and manufacturer specializing in fine jewelry and related accessories. Established in 1991, the company designs, produces and distributes a broad range of jewelry products, including gold, platinum, diamond and gem-set pieces. Its vertically integrated operations encompass goldsmithing, jewelry design, casting, polishing and quality control, supporting both proprietary brands and private-label offerings.

The company’s product portfolio features traditional and contemporary collections, ranging from wedding bands, engagement rings and necklaces to jadeite bangles, gemstone pendants and pearl earrings.