UOL Group Limited (OTCMKTS:JCYGY)’s stock price fell 0.4% during trading on Friday . The stock traded as low as $28.96 and last traded at $28.96, 404 shares changed hands during mid-day trading. A decline of 77% from the average session volume of 1,747 shares. The stock had previously closed at $29.08.
Separately, HSBC cut UOL Group from a “buy” rating to a “hold” rating in a report on Thursday, May 21st.
The company has a 50 day moving average price of $29.36.
Jardine Cycle & Carriage Limited, an investment holding company, engages in automotive, financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally. It manufactures, assembles, distributes, and retails motor vehicles and motorcycles; retails used cars under the Republic Auto brand; distributes BYD electric forklifts; manufactures and distributes automotive components, as well as provides automotive rental, fleet management, and after-sales services; and offers motor vehicles and motorcycles consumer financing, heavy equipment financing, banking, and general and life insurance services.
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