Shangri-La Asia Limited (OTCMKTS:SHALY – Get Rating)’s stock price was up 1.8% during mid-day trading on Tuesday . The company traded as high as $12.68 and last traded at $12.68. Approximately 2,163 shares were traded during mid-day trading, an increase of 199% from the average daily volume of 724 shares. The stock had previously closed at $12.46.
Analyst Upgrades and Downgrades
Separately, Daiwa Capital Markets raised Shangri-La Asia from a “hold” rating to an “outperform” rating in a research note on Monday, September 26th.
Shangri-La Asia Stock Up 1.8 %
The company has a 50-day moving average price of $14.91 and a 200-day moving average price of $15.46. The company has a current ratio of 0.87, a quick ratio of 0.85 and a debt-to-equity ratio of 0.89.
About Shangri-La Asia
Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through four segments: Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.
- Get a free copy of the StockNews.com research report on Shangri-La Asia (SHALY)
- Power Integrations Stock Can Power Your Portfolio
- Don’t Chase Walmart Higher, Wait For Extra Low Prices
- Home Depot Results (and Institutions) Are A Catalyst For Lowe’s?
- Three Penny Stocks Making Big Moves In November
- Agilent Remains In Buy Range Ahead Of Next Week’s Q4 Report
Receive News & Ratings for Shangri-La Asia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shangri-La Asia and related companies with MarketBeat.com's FREE daily email newsletter.