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Shandong Molong Petroleum Machinery ( (HK:0568) ) has issued an update.
Shandong Molong Petroleum Machinery Company Limited has reported an unusual movement in its A shares, with a decrease of over 20% in closing prices over three consecutive trading days. The company has conducted a thorough investigation and found no undisclosed material information or changes in its operations that would affect stock prices. The board confirms there are no undisclosed events that need to be reported, and advises investors to exercise caution due to potential investment risks.
The most recent analyst rating on (HK:0568) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Shandong Molong Petroleum Machinery stock, see the HK:0568 Stock Forecast page.
More about Shandong Molong Petroleum Machinery
Shandong Molong Petroleum Machinery Company Limited is a Sino-foreign joint stock limited company incorporated in China. It operates in the petroleum machinery industry, focusing on the production and supply of machinery and equipment for the petroleum sector.
Average Trading Volume: 56,538,336
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.23B
See more data about 0568 stock on TipRanks’ Stock Analysis page.