A Sneak Peek At Fuwei Films (Holdings) Co., Ltd. ($FFHL) 2Q20 Earnings

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Fuwei Films (Holdings) Co., Ltd. (NASDAQ:FFHL) is reporting second quarter financial results on Thursday 3rd September 2020, after market close.

Stock Performance

Shares of Fuwei Films (Holdings) Co., Ltd. traded low $ -0.16 or -2.89 percent on Wednesday, reaching $ 5.37 with volume of 11.60 thousand shares. The stock opened down for the day at $ 5.50, after closing the previous day trading at $ 5.53.

According to the previous trading day, closing price of $ 5.53, representing a 254.49 % increase from the 52 week low of $ 1.56 and a 47.28 % decrease over the 52 week high of $ 10.49.

The company has a market capital of $ 17.54 million and is part of the Consumer Cyclical sector and Packaging & Containers industry.

Fuwei Films (Holdings) Co., Ltd., through its subsidiaries, develops, manufactures, and distributes plastic films in the Peoples Republic of China. The company offers printing base films for use in printing and lamination; stamping foil base films and transfer base films for packaging of luxury items, including cigarettes and alcohol; metallized films or aluminum plating base films for use in vacuum aluminum plating for flexible plastic lamination; high-gloss films for aesthetically enhanced packaging purposes; heat-sealable films for construction, printing, and making heat sealable bags; and laser holographic base films used as anti-counterfeit films for food, medicine, cosmetics, cigarettes, and alcohol packaging. It also provides dry films used in circuit boards production, as well as for nameplate and crafts etching; heat shrinkable films used for special-shaped packaging for beverage and cosmetics; and chemically treated films used to enhance properties, such as barrier resistance, printing properties, and electrostatic resistance.