Stock News Summary: Dragon Victory International Limited (NASDAQ: LYL)

On August 20, 2019, the Board received the resignation of Mr. Hongyu Zhang as a director of Company, reliable right away. Mr. Zhang resigned for individual factors and not Because of any discontracts with the Company. Mr. Wei Wang (” Mr. Wang”) was designated to fill the vacancy and serve as a director of the Company, reliable August 21, 2019.

In 52-week session, the stock struck the peak level of -59.42% and touched to least expensive level of 79.51%.

ragon Victory International Limited (LYL) recently reported that Mr. Limin Liu (” Mr. Liu”) had taken over the roles as Chairman of the Board and CEO of the Company, effective August 21, 2019, succeeding Mr. Jianjun Sun (” Mr. Sun”). Mr. Sun resigned for individual reasons and notBecause of any discontracts with the Company.

LYL cost reduced at -5.72% from 20-Days Simple Moving Average, rose at 19.48% from 50-Days Simple Moving Average and settled at 5.70% from 200 Days Simple Moving Average. In the success analysis, net revenue margin of the firm was tape-recorded at -38.30% and operating revenue margin was computed at -83.10%.

On MONDAY, Dragon Victory International Limited (NASDAQ: LYL) ended the last transaction at $1.4, with a change of -6.37%. In 52-week session, the stock hit the peak level of -59.42% and touched to most affordable level of 79.51%.

From July 2014 to June 2019, Mr. Liu served as the Global Lead of Financial Service Industry of Huawei Technologies Co., Ltd. From 2006 to 2014, Mr. Liu served as the Vice President for sales and innovation of Beijing Futong Dongfang Technology Co., Ltd.

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LYL price reduced at -5.72% from 20-Days Simple Moving Average, rose at 19.48% from 50-Days Simple Moving Average and settled at 5.70% from 200 Days Simple Moving Average. In the success analysis, net earnings margin of the firm was recorded at -38.30% and operating profit margin was calculated at -83.10%. During the twelve month it fell at -27.91% and year to date efficiency of 7.68%.

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John Diaz

John Diaz– Stocks Market I am John Diaz and I’m passionate about business and finance news with over 11 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind topmagazinewire.com with a vision to broaden the company’s readership throughout 2019. I am an editor and reporter of “Stocks Market” category.

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