Lee & Man Paper Manufacturing (OTCMKTS:LMPMY) Shares Up 1.3% – Should You Buy?

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMYGet Free Report) shares were up 1.3% during mid-day trading on Wednesday . The company traded as high as $4.58 and last traded at $4.58. Approximately 201 shares were traded during trading, a decline of 88% from the average daily volume of 1,660 shares. The stock had previously closed at $4.52.

Lee & Man Paper Manufacturing Stock Performance

The firm’s 50 day moving average is $3.74 and its two-hundred day moving average is $3.47.

About Lee & Man Paper Manufacturing

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Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) is a Hong Kong–based integrated paper manufacturer specializing in containerboard, coated duplex board, pulp and other paper packaging products. The company’s primary business activities include the production and sale of corrugated packaging materials, paperboard for consumer goods, and wood pulp. Its product offerings are designed to serve a wide range of end markets, from e-commerce and fast-moving consumer goods to industrial packaging sectors.

With multiple production facilities concentrated in southern China, Lee & Man Paper has established a network of manufacturing bases across Guangdong, Guangxi and other provinces.

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