Jiangsu Expressway (OTCMKTS:JEXYY) Shares Gap Up – Here’s What Happened

Jiangsu Expressway Co. (OTCMKTS:JEXYYGet Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $23.00, but opened at $24.8850. Jiangsu Expressway shares last traded at $24.8850, with a volume of 175 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Jiangsu Expressway to a “hold” rating in a research note on Tuesday, April 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Jiangsu Expressway has an average rating of “Hold”.

View Our Latest Analysis on JEXYY

Jiangsu Expressway Stock Performance

The firm has a 50-day moving average price of $25.94 and a 200-day moving average price of $25.63.

Jiangsu Expressway Company Profile

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Jiangsu Expressway Company Limited is a China-based infrastructure enterprise primarily engaged in the investment, development, operation and management of toll roads. Headquartered in Nanjing, Jiangsu Province, the company focuses on highway construction, maintenance and ancillary services designed to support regional transportation networks. It holds concessions for a portfolio of expressway projects, overseeing functions such as toll collection, traffic monitoring and road safety management.

The company’s core assets are concentrated within Jiangsu Province, one of China’s most economically dynamic regions.

Further Reading

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