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

Aumake International Ltd (ASX:AU8) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.14 and traded as low as $0.13. Aumake International shares last traded at $0.13, with a volume of 633,596 shares changing hands.

The company has a debt-to-equity ratio of 1.09, a current ratio of 3.63 and a quick ratio of 2.47. The business’s fifty day moving average is A$0.14. The company has a market capitalization of $40.57 million and a price-to-earnings ratio of -4.19.

In other Aumake International news, insider Quentin Flannery bought 315,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 4th. The stock was purchased at an average cost of A$0.15 ($0.10) per share, with a total value of A$45,675.00 ($32,393.62).

About Aumake International (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 and e-commerce stores, as well as a sales hub in Xiamen.

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