Aumake International (ASX:AU8) Share Price Passes Below 50-Day Moving Average of $0.14

Shares of Aumake International Ltd (ASX:AU8) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.14 and traded as low as $0.13. Aumake International shares last traded at $0.14, with a volume of 2,122,592 shares trading hands.

The stock has a market cap of $43.69 million and a PE ratio of -4.52. The company has a current ratio of 3.63, a quick ratio of 2.47 and a debt-to-equity ratio of 1.09. The business’s 50 day simple moving average is A$0.14.

In related news, insider Quentin Flannery acquired 315,000 shares of the company’s stock in a transaction dated Tuesday, June 4th. The shares were bought at an average cost of A$0.15 ($0.10) per share, with a total value of A$45,675.00 ($32,393.62).

Aumake International Company Profile (ASX:AU8)

AuMake International Limited operates AuMake and Kiwi Buy retail stores in Australia and China. Its stores offer healthcare supplements and food; skin and body care products, and cosmetics; dairy products and baby food, including infant formula; and wool and leather products to Chinese consumers. The company also operates aumake.com and kiwibuy.com e-commerce stores, as well as a sales hub in Xiamen.

See Also: The benefits and drawbacks of dollar cost averaging

Receive News & Ratings for Aumake International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aumake International and related companies with MarketBeat.com's FREE daily email newsletter.