Shares of GREE Holdings, Inc. (OTCMKTS:GREZF – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.60 and last traded at $2.60, with a volume of 200 shares changing hands. The stock had previously closed at $2.7950.
GREE Stock Down 7.0%
The company’s 50 day moving average is $3.10 and its 200-day moving average is $3.14.
About GREE
GREE, Inc is a Japanese internet and entertainment company best known for developing and operating mobile games and digital content. The company’s activities have included social networking services, online gaming, mobile applications, advertising, media, and other consumer internet businesses.
Founded in 2004 by Yoshikazu Tanaka, GREE initially grew through its namesake social networking platform before expanding into mobile game development and publishing. Its entertainment portfolio has included games for smartphones and other digital platforms, as well as related intellectual property and online services.
GREE has also pursued businesses in areas such as virtual worlds and metaverse-related services, live entertainment, and investment in technology and entertainment companies.
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