New China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report)’s stock price was down 4.3% during trading on Tuesday. The company traded as low as $4.6680 and last traded at $5.4550. Approximately 66,573 shares traded hands during mid-day trading, an increase of 2,139% from the average session volume of 2,973 shares. The stock had previously closed at $5.7010.
New China Life Insurance Stock Down 4.3%
The firm has a 50 day moving average price of $6.00 and a 200 day moving average price of $6.27.
About New China Life Insurance
New China Life Insurance Co, Ltd., also known as NCI or Xinhua Insurance, is a Chinese life insurance company headquartered in Beijing. Founded in 1996, the company provides insurance and related financial services to individuals, businesses and institutional customers in mainland China.
Its product offerings include individual and group life insurance, annuity products, health insurance and accident insurance. New China Life also provides investment and asset-management services associated with its insurance operations, including the management of insurance funds and other assets.
The company serves customers through a nationwide distribution network that includes insurance agents, bancassurance channels and other sales platforms.
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