Wharf (OTCMKTS:WARFY) Trading Down 2.5% – Here’s Why

Shares of The Wharf (Holdings) Limited (OTCMKTS:WARFY) were down 2.5% during trading on Tuesday . The stock traded as low as $5.84 and last traded at $5.84. Approximately 723 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 2,051 shares. The stock had previously closed at $5.99.

Wharf Price Performance

The firm’s 50-day simple moving average is $5.83 and its 200 day simple moving average is $5.19.

About Wharf

Founded in 1886 as the 17th company registered in Hong Kong, The Wharf (Holdings) Limited (Stock Code: 0004) is a premier company with strong connection to the history of Hong Kong. As one of the 30 constituent stocks in the original Hang Seng Index from the 1960s, Wharf is backed by a long standing mission of Building for Tomorrow and a proven track record in management and execution.