Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from Elegance Optical International Holdings Limited ( (HK:0907) ) is now available.
Elegance Optical International Holdings Limited faces a suspension of trading in its shares following a decision by the Hong Kong Stock Exchange’s Listing Committee. The company has been unable to maintain sufficient operations and asset value as required by listing rules, with its eyewear, liquor trading, and film businesses all showing minimal revenue and lack of competitive advantage. The company’s financial instability is further highlighted by net losses and concerns over its ability to continue as a going concern.
The most recent analyst rating on (HK:0907) stock is a Hold with a HK$0.07 price target. To see the full list of analyst forecasts on Elegance Optical International Holdings Limited stock, see the HK:0907 Stock Forecast page.
More about Elegance Optical International Holdings Limited
Elegance Optical International Holdings Limited is involved in the eyewear industry, with additional ventures in liquor trading and film. The company has been struggling to maintain a competitive edge and sufficient operations, particularly in its eyewear business, which has seen low revenues and losses.
YTD Price Performance: 38.98%
Average Trading Volume: 3,506,104
Technical Sentiment Signal: Sell
Current Market Cap: HK$72.45M
See more data about 0907 stock on TipRanks’ Stock Analysis page.