Xinyi Glass Holdings Limited (OTCMKTS:XYIGF – Get Free Report)’s stock price shot up 6.9% during trading on Wednesday . The stock traded as high as $1.02 and last traded at $1.02. 16,200 shares were traded during mid-day trading, an increase of 342% from the average session volume of 3,662 shares. The stock had previously closed at $0.95.
Analysts Set New Price Targets
Separately, Citigroup lowered Xinyi Glass from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 7th.
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Xinyi Glass Stock Performance
About Xinyi Glass
Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass.
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