Shangri-La Asia (OTCMKTS:SHALY) Shares Down 8.1% – Time to Sell?

Shangri-La Asia Limited (OTCMKTS:SHALYGet Free Report)’s stock price was down 8.1% on Wednesday . The company traded as low as $12.40 and last traded at $12.40. Approximately 400 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 883 shares. The stock had previously closed at $13.50.

Shangri-La Asia Stock Down 8.1 %

The stock has a 50 day moving average price of $14.25 and a two-hundred day moving average price of $14.05.

About Shangri-La Asia

(Get Free Report)

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.

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