China Information Technology, Inc. – (NASDAQ:CNIT) traded up 27.7% during mid-day trading on Monday . The stock traded as high as $5.20 and last traded at $2.58. 46,230,703 shares were traded during trading, an increase of 257% from the average session volume of 12,950,001 shares. The stock had previously closed at $2.02.

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China Information Technology Company Profile

China Information Technology, Inc (CNIT) is a leading Internet service company that provides integrated cloud-based solutions enabling innovation and smart living in the fields of new media, elevator safety management, education, etc. Through continuous innovation, CNIT is aiming to leverage its proprietary Cloud-Application-Terminal technology to level the competitive landscape in the new media industry and deliver value for its shareholders, employees, customers, and the community.

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