Shangri-La Asia (OTCMKTS:SHALY) Reaches New 1-Year Low – What’s Next?

Shangri-La Asia Limited (OTCMKTS:SHALYGet Free Report)’s share price reached a new 52-week low on Thursday . The company traded as low as $11.00 and last traded at $11.00, with a volume of 185 shares. The stock had previously closed at $11.99.

Shangri-La Asia Stock Performance

The company’s 50 day simple moving average is $12.28 and its 200-day simple moving average is $13.31. The company has a quick ratio of 1.92, a current ratio of 1.94 and a debt-to-equity ratio of 1.14.

Shangri-La Asia Company Profile

(Get Free Report)

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.

Further Reading

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