Lee & Man Paper Manufacturing (OTCMKTS:LMPMY) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $4.35 and traded as high as $4.50. Lee & Man Paper Manufacturing shares last traded at $4.50, with a volume of 2,214 shares trading hands.

Lee & Man Paper Manufacturing Stock Up 6.0%

The business has a 50 day simple moving average of $4.43 and a 200-day simple moving average of $4.35.

About Lee & Man Paper Manufacturing

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Lee & Man Paper Manufacturing Ltd. is a paper producer headquartered in Hong Kong and listed on the Hong Kong Stock Exchange. Founded in 1994, the company manufactures a range of paper and pulp products for industrial and consumer applications.

Its primary products include containerboard, such as kraft linerboard and corrugating medium, as well as coated duplex board, tissue paper and pulp. These materials are used in corrugated packaging, consumer-goods packaging, hygiene products and other paper-based applications.

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