Sany Heavy Equipment International (OTCMKTS:SNYYF) Trading Down 2.2% – Time to Sell?

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) dropped 2.2% during trading on Thursday . The company traded as low as $0.63 and last traded at $0.63. Approximately 5,934 shares changed hands during trading, an increase of 269% from the average daily volume of 1,606 shares. The stock had previously closed at $0.64.

Sany Heavy Equipment International Stock Performance

The company has a fifty day moving average of $0.62 and a 200 day moving average of $0.60.

About Sany Heavy Equipment International

Sany Heavy Equipment International Holdings Company Limited, an investment holding company, engages in the manufacture and sale of mining equipment, logistics equipment, robotic, smart mine products, and spare parts. It operates in two segments, Mining Equipment and Logistics Equipment. The company offers coal mining machinery products, such as road headers, including soft rock and hard rock road headers, integrated excavation, bolting, and self-protection machinery; mining equipment consisting of coal mining machines, hydraulic support system, scraper and armored-face conveyors, etc.; non-coal mining machinery products comprising tunnel road headers and mining machines; and mining transport equipment, which include mechanical and electric drive off-highway dump trucks, widebody vehicles, and other related products.