Shares of Globalink Investment Inc. (NASDAQ:GLLI – Get Free Report) dropped 7.2% during trading on Tuesday . The company traded as low as $11.13 and last traded at $11.13. Approximately 160 shares were traded during trading, a decline of 97% from the average daily volume of 5,166 shares. The stock had previously closed at $12.00.
Globalink Investment Price Performance
The company has a market capitalization of $66.87 million, a price-to-earnings ratio of -48.39 and a beta of 0.02. The firm’s 50-day simple moving average is $11.93 and its two-hundred day simple moving average is $11.66.
About Globalink Investment
Globalink Investment Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire businesses in the medical technology and green energy sectors in North America, Europe, Southeast Asia, and Asia excluding China, Hong Kong, and Macau.
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