Hengan International Group (OTCMKTS:HEGIY) Sets New 1-Year Low – Should You Sell?

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIYGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $12.08 and last traded at $12.08, with a volume of 525 shares changing hands. The stock had previously closed at $12.71.

Hengan International Group Price Performance

The company’s 50-day moving average is $14.62 and its two-hundred day moving average is $15.85.

About Hengan International Group

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Hengan International Group Company Limited is a China-based manufacturer and distributor of personal hygiene and household paper products. The company’s portfolio includes sanitary napkins, tissue paper, toilet paper, wet wipes, disposable diapers and other everyday consumer products.

Hengan markets its products under brands including Hearttex, 7 Space and Anerle, serving consumers primarily through retail, e-commerce and other distribution channels in mainland China. The company also distributes products in selected international markets.

Founded in 1985 and headquartered in Jinjiang, Fujian Province, Hengan has developed manufacturing, sales and distribution operations focused on the growing personal-care and household-consumer goods markets.

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