Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY – Get Free Report)’s share price rose 6.8% during mid-day trading on Thursday. The company traded as high as $4.22 and last traded at $4.22. Approximately 1,730 shares traded hands during mid-day trading, an increase of 80% from the average session volume of 963 shares. The stock had previously closed at $3.95.
Lee & Man Paper Manufacturing Price Performance
The company’s fifty day simple moving average is $4.65 and its 200 day simple moving average is $4.28.
About Lee & Man Paper Manufacturing
Lee & Man Paper Manufacturing Limited is a Hong Kong-based paper manufacturer focused on the production and sale of packaging paper, paperboard, pulp and tissue paper products. Its portfolio includes containerboard and other materials used in corrugated boxes, as well as tissue products for consumer and commercial applications.
The company operates an integrated paper-making business that includes pulp production, paper manufacturing and related converting activities. Its products serve packaging manufacturers, industrial customers and tissue-product markets, primarily in China and other parts of Asia.
Lee & Man Paper was established in 1994 and has expanded its manufacturing presence through production facilities in mainland China and Vietnam.
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