Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY – Get Free Report) shares were down 1.6% during trading on Friday . The stock traded as low as $8.11 and last traded at $8.11. Approximately 152 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 2,522 shares. The stock had previously closed at $8.24.
Zhongsheng Group Stock Down 1.6%
The firm has a fifty day simple moving average of $9.72 and a 200 day simple moving average of $13.00.
About Zhongsheng Group
Zhongsheng Group Holdings Limited, incorporated in 1998 and headquartered in Beijing, is one of China’s leading automotive retail and services providers. The company operates a comprehensive network of dealerships and service centers, offering a one-stop solution for consumers in the premium and luxury vehicle segments. Since its initial public offering on the Hong Kong Stock Exchange in 2009, Zhongsheng has expanded steadily to become a prominent name in China’s automotive retail landscape.
The company’s core business encompasses the sale of new vehicles across a portfolio of international brands, including marquee names in the luxury and premium markets.
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