Ushio (OTCMKTS:UHOIF) Shares Down 7.3% – Here’s Why

Ushio Inc. (OTCMKTS:UHOIFGet Free Report)’s stock price dropped 7.3% on Tuesday . The company traded as low as $12.02 and last traded at $12.02. Approximately 500 shares traded hands during trading, a decline of 3% from the average daily volume of 514 shares. The stock had previously closed at $12.96.

Ushio Price Performance

The company’s fifty day moving average is $14.15 and its two-hundred day moving average is $13.64.

About Ushio

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Ushio, Inc engages in the business of light source devices. It operates through the following segments: Light Sources, Equipment and Others. The Light Sources segment manufactures and sells halogen and discharge lamps. The Equipment segment manufactures and sells imaging and optical equipment. The Others segment involves in the plastic forming applications, peripheral machinery, factory automation systems, and others.

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