HAIER ELECTRONI/ADR (OTCMKTS:HRELY) Stock Price Down 4.5%

HAIER ELECTRONI/ADR (OTCMKTS:HRELY)’s stock price fell 4.5% during trading on Thursday . The company traded as low as $22.70 and last traded at $22.70, 132 shares changed hands during mid-day trading. A decline of 86% from the average session volume of 938 shares. The stock had previously closed at $23.76.

Separately, Deutsche Bank restated a “hold” rating on shares of HAIER ELECTRONI/ADR in a research report on Tuesday, May 7th.

The business’s 50-day moving average price is $25.61.

HAIER ELECTRONI/ADR Company Profile (OTCMKTS:HRELY)

Haier Electronics Group Co, Ltd., an investment holding company, engages in the research, development, production, and sale of washing machines and water heaters under the brand name of Haier, Casarte, and Leader in Mainland China and internationally. It operates through four segments: Washing Machine Business, Water Heater Business, Channel Services Business, and Logistics Business.

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