Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 37,900 shares, a decrease of 13.3% from the July 31st total of 43,700 shares. Based on an average trading volume of 441,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 3.4% of the company’s shares are sold short.
NASDAQ FFHL traded up $0.01 on Friday, reaching $2.92. The company had a trading volume of 19,236 shares, compared to its average volume of 1,499,232. The stock’s 50 day moving average is $2.75 and its 200-day moving average is $2.39. Fuwei Films has a 52 week low of $1.70 and a 52 week high of $7.37.
Fuwei Films (NASDAQ:FFHL) last released its quarterly earnings data on Thursday, August 22nd. The industrial products company reported $0.04 EPS for the quarter. The business had revenue of $12.84 million during the quarter. Fuwei Films had a negative return on equity of 3.94% and a negative net margin of 2.24%.
Fuwei Films (Holdings) Co, Ltd., through its subsidiaries, develops, manufactures, and distributes plastic films in the People's Republic of China. The company offers printing base films for use in printing and lamination; stamping foil base films and transfer base films for packaging of luxury items, including cigarettes and alcohol; metallized films or aluminum plating base films for use in vacuum aluminum plating for flexible plastic lamination; high-gloss films for aesthetically enhanced packaging purposes; heat-sealable films for construction, printing, and making heat sealable bags; and laser holographic base films used as anti-counterfeit films for food, medicine, cosmetics, cigarettes, and alcohol packaging.
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