Jiangsu Expressway Co. (OTCMKTS:JEXYY – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $25.53 and traded as high as $28.13. Jiangsu Expressway shares last traded at $27.47, with a volume of 779 shares.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Jiangsu Expressway to a “hold” rating in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Jiangsu Expressway has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on JEXYY
Jiangsu Expressway Trading Up 5.7%
Jiangsu Expressway Company Profile
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.
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