Zhongsheng Group (OTCMKTS:ZSHGY) Trading Down 4.4% – What’s Next?

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGYGet Free Report) shares fell 4.4% during mid-day trading on Friday . The stock traded as low as $17.90 and last traded at $17.90. 3,132 shares were traded during mid-day trading, an increase of 265% from the average session volume of 857 shares. The stock had previously closed at $18.72.

Zhongsheng Group Price Performance

The firm’s fifty day moving average is $17.03 and its 200-day moving average is $17.20.

Zhongsheng Group Company Profile

(Get Free Report)

Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles in the People's Republic of China. The company operates 4S dealerships for various automobile brands consisting of luxury automobile brands, including Mercedes-Benz, Lexus, BMW, Audi, Jaguar Land Rover, Porsche, and Volvo; and mid-to-high end automobile brands, such as Toyota, Honda, and Nissan.

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