Sany Heavy Equipment International (OTCMKTS:SNYYF) Stock Price Down 3.1% – Here’s Why

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF)’s stock price fell 3.1% during mid-day trading on Friday . The stock traded as low as $0.62 and last traded at $0.62. 900 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 2,800 shares. The stock had previously closed at $0.64.

Sany Heavy Equipment International Stock Performance

The business’s 50 day moving average price is $0.62 and its 200-day moving average price is $0.65.

About Sany Heavy Equipment International

Sany Heavy Equipment International Holdings Company Limited, an investment holding company, engages in the manufacture and sale of mining equipment, logistics equipment, robotic, smart mine products, and spare parts. It operates in two segments, Mining Equipment and Logistics Equipment. The company offers coal mining machinery products, such as road headers, including soft rock and hard rock road headers, integrated excavation, bolting, and self-protection machinery; mining equipment consisting of coal mining machines, hydraulic support system, scraper and armored-face conveyors, etc.; non-coal mining machinery products comprising tunnel road headers and mining machines; and mining transport equipment, which include mechanical and electric drive off-highway dump trucks, widebody vehicles, and other related products.