Longwen Group (OTCMKTS:LWLW) Downgraded by ValuEngine to “Sell”

Longwen Group (OTCMKTS:LWLW) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Thursday, ValuEngine reports.

OTCMKTS LWLW traded up $0.30 during trading hours on Thursday, hitting $1.50. 4,777 shares of the company’s stock were exchanged, compared to its average volume of 633. The stock has a 50-day simple moving average of $1.28 and a 200 day simple moving average of $1.60. Longwen Group has a 1-year low of $0.80 and a 1-year high of $3.00.

Longwen Group Company Profile

Longwen Group Corp. does not have significant operations. It intends to seek new business opportunities. Previously, it was involved in providing products for the protection of people against electromagnetic waves emitted from mobile phones. The company was formerly known as Allied Ventures Holdings Corp.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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