Fuwei Films (Holdings) Co. Ltd. (FFHL)

3.41
NASDAQ : Process Industries
Prev Close 3.40
Day Low/High 3.29 / 3.56
52 Wk Low/High 1.70 / 7.37
Avg Volume 480.10K
Exchange NASDAQ
Shares Outstanding 3.27M
Market Cap 11.10M
EPS -1.00
P/E Ratio N/A
Div & Yield N.A. (N.A)
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Fuwei Films (FFHL) Stock Pops After Bidder's Identity Revealed

Fuwei Films (FFHL) Stock Pops After Bidder's Identity Revealed

Fuwei Films (FFHL) popped more than 15% to a high of $2.04 as of 1:22 p.m. on Monday. The company announced on Friday the identity of the previously unidentified bidder that had successfully reached an agreement to acquire 52.9% of the company's outstanding shares at approximately $2.40 a share. The company revealed Shandong SNTON Optical Materials Technology as the successful bidder in the fifth public auction of Fuwei's outstanding shares on March 25. The Weifang State-owned Assets Operation Administration Company, a wholly-owned subsidiary of Weifang State-owned Asset Management and Supervision Committee, is the controlling shareholder in Fuwei Films and had sought to sell the 52.9% share.

Fuwei Films (FFHL) Stock Continues Rise

Fuwei Films (FFHL) Stock Continues Rise

Fuwei Films (FFHL) continued its rise Wednesday after the company announced Tuesday that a bidder had successfully reached an agreement to acquire 52.9% of the company's outstanding shares at approximately $2.40 a share. The Weifang State-owned Assets Operation Administration Company, a wholly-owned subsidiary of Weifang State-owned Asset Management and Supervision Committee, is the controlling shareholder in Fuwei Films and had sought to sell the 52.9% share. The press release stated more information on the bidder would come in a separate announcement.

Why Fuwei Films (FFHL) Stock Soared Today

Why Fuwei Films (FFHL) Stock Soared Today

Fuwei Films Holdings (FFHL) skyrocketed more than 60% on Tuesday after the company announced that a bidder had successfully reached an agreement to acquire 52.9% of the company's outstanding shares at approximately $2.40 a share. The Weifang State-owned Assets Operation Administration Company, a wholly-owned subsidiary of Weifang State-owned Asset Management and Supervision Committee, is the controlling shareholder in Fuwei Films and had sought to sell the 52.9% share. The press release stated more information on the bidder would come in a separate announcement.

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Fuwei Films Stock Soars (FFHL)

Fuwei Films Stock Soars (FFHL)

Shares of Fuwei Films Company (Nasdaq:FFHL) have taken a tremendous swing upward. The stock is trading at $2.24 as of 3:33 p.m. ET, 29.5% above Tuesday's closing price of $1.73. Volume is at 62,486, three times the daily average of 20,600.

Fuwei Films Stock Soars (FFHL)

Fuwei Films Stock Soars (FFHL)

Shares of Fuwei Films Company (Nasdaq:FFHL) have taken a tremendous swing upward. The stock is trading at $2.83 as of 9:30 a.m. ET, 25.8% above Wednesday's closing price of $2.25. Volume is at 22,000, 0.2 times the daily average of 94,200.

Fuwei Films Stock Soars (FFHL)

Fuwei Films Stock Soars (FFHL)

Shares of Fuwei Films Company (Nasdaq:FFHL) have taken a tremendous swing upward. The stock is trading at $4.20 as of 11:06 a.m. ET, 28.4% above Tuesday's closing price of $3.27. Volume is at 158,499, 1.5 times the daily average of 107,200.

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Fuwei Films Stock Gaps Down On Today's Open (FFHL)

Fuwei Films Stock Gaps Down On Today's Open (FFHL)

Shares of Fuwei Films Company (Nasdaq:FFHL) were gapping down Wednesday morning with an open price 10.1% lower than Tuesday's closing price. The stock closed at $6.26 yesterday and opened today's trading at $5.63.

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TheStreet Quant Rating: D+ (Sell)