Hon Hai Precision Industry (OTCMKTS:HNHPF) Trading 0.9% Higher

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPFGet Rating)’s share price traded up 0.9% during trading on Friday . The company traded as high as $6.54 and last traded at $6.46. 33,738 shares were traded during trading, a decline of 16% from the average session volume of 40,103 shares. The stock had previously closed at $6.40.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Hon Hai Precision Industry from a “neutral” rating to a “buy” rating in a research report on Thursday, December 1st.

Hon Hai Precision Industry Price Performance

The business has a 50-day simple moving average of $6.45 and a 200 day simple moving average of $6.67.

About Hon Hai Precision Industry

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Hon Hai Precision Industry Co, Ltd. engages in the design, development and manufacturing of nanotechnology, heat transfer, wireless connectivity and material sciences products. Its products include cables, connectors, and personal computer components. The company was founded by Terry Gou on February 20, 1974 and is headquartered in New Taipei, Taiwan.

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