Hengan International Group (OTCMKTS:HEGIY) Shares Gap Up – Time to Buy?

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $12.90, but opened at $13.60. Hengan International Group shares last traded at $13.70, with a volume of 2,900 shares trading hands.

Hengan International Group Price Performance

The firm has a 50 day moving average price of $13.00 and a 200-day moving average price of $15.69. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.20 and a quick ratio of 1.02.

About Hengan International Group

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Hengan International Group Co Ltd. is a Chinese manufacturer and distributor of personal hygiene and household paper products. The company’s product portfolio includes sanitary napkins, baby and adult diapers, tissue paper, toilet paper, facial tissues, and other disposable hygiene products.

Hengan markets its products under brands including Xinxiangyin, 7 Space, Anerle, Hearttex, and Hengan, serving consumers through retail, e-commerce, and other distribution channels. Its operations are primarily focused on mainland China, with products also distributed in selected international markets.

Founded in 1985 and headquartered in Jinjiang, Fujian Province, Hengan has developed into one of China’s established hygiene-product companies.

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