China Hongqiao Group Limited (OTCMKTS:CHHQF – Get Free Report) shares were down 5% during mid-day trading on Thursday . The company traded as low as $3.2075 and last traded at $3.35. Approximately 3,119 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 19,363 shares. The stock had previously closed at $3.5250.
China Hongqiao Group Stock Down 4.5%
The stock has a fifty day moving average price of $4.40 and a 200-day moving average price of $4.37.
About China Hongqiao Group
China Hongqiao Group Limited is one of the world’s leading producers of primary aluminum and related products. The company operates an integrated production chain spanning bauxite mining, alumina refining, primary aluminum smelting and power generation. Leveraging access to low-cost hydroelectric power and in-house alumina capacity, Hongqiao has established a position as a cost-competitive supplier in the global aluminum market.
Founded in 1994 and headquartered in Binzhou, Shandong Province, China Hongqiao Group has grown through vertical integration and strategic expansion.
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