PARK24 (OTCMKTS:PKCOY) Shares Down 17.9% – What’s Next?

PARK24 Co., Ltd. (OTCMKTS:PKCOYGet Free Report)’s stock price dropped 17.9% on Monday . The stock traded as low as $11.25 and last traded at $11.25. Approximately 253 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 892 shares. The stock had previously closed at $13.70.

PARK24 Stock Performance

The business’s 50 day simple moving average is $12.98 and its 200-day simple moving average is $12.51.

About PARK24

(Get Free Report)

Park24 Co, Ltd. operates as a leading provider of parking lot services in Japan under the “Times” brand. The company owns, leases and manages a network of automated and manned parking facilities, offering hourly, daily and monthly parking plans for both individual motorists and corporate clients. Park24’s core parking solutions are supported by proprietary reservation and payment technologies, which include smartphone apps, automated ticketing machines and cashless payment terminals.

In addition to parking management, Park24 has diversified into mobility-related services such as car sharing, car rental and limousine services.

Further Reading

Receive News & Ratings for PARK24 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PARK24 and related companies with MarketBeat.com's FREE daily email newsletter.