China Railway Group Limited (OTCMKTS:CRWOF – Get Free Report) dropped 8.2% on Friday . The stock traded as low as $0.5416 and last traded at $0.5416. Approximately 100 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 14,563 shares. The stock had previously closed at $0.59.
China Railway Group Price Performance
The stock has a 50-day moving average of $0.56 and a 200 day moving average of $0.52.
About China Railway Group
China Railway Group Co, Ltd. (OTCMKTS: CRWOF) is a state-owned enterprise primarily engaged in large-scale construction and engineering projects. The company’s core activities include the design, construction and maintenance of rail transit systems, highways, bridges, tunnels and urban mass-transit infrastructure. In addition to civil engineering, China Railway Group provides comprehensive services in surveying, consulting, project management, and investment and financing solutions for infrastructure development.
Beyond traditional rail and road projects, the company offers water conservancy and environmental protection services, as well as mining engineering and real estate development.
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