Fosun International (OTCMKTS:FOSUF) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Fosun International Limited (OTCMKTS:FOSUFGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.55 and traded as low as $0.45. Fosun International shares last traded at $0.45, with a volume of 671 shares changing hands.

Fosun International Stock Performance

The business has a 50 day simple moving average of $0.56 and a 200-day simple moving average of $0.55.

About Fosun International

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Fosun International Limited operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally. It operates through five segments: Health, Happiness, Insurance, Asset Management, and Intelligent Manufacturing. The Health segment engages in the research, development, manufacture, sale, and trading of pharmaceutical, biopharmaceutical, and health products; and provision of medical and health management services.

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