CSPC Pharmaceutical Group (OTCMKTS:CSPCY) Trading Down 1.6% – Time to Sell?

Shares of CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCYGet Free Report) fell 1.6% during mid-day trading on Thursday . The company traded as low as C$4.98 and last traded at C$5.01. 17,076 shares changed hands during trading, an increase of 153% from the average session volume of 6,748 shares. The stock had previously closed at C$5.09.

CSPC Pharmaceutical Group Stock Down 1.6%

The stock has a 50 day moving average of C$4.17 and a two-hundred day moving average of C$4.56.

CSPC Pharmaceutical Group Company Profile

(Get Free Report)

CSPC Pharmaceutical Group Limited is a China-based pharmaceutical company headquartered in Shijiazhuang, Hebei Province. Established in 1979, the group has grown through organic expansion and strategic acquisitions to become one of the country’s leading manufacturers of active pharmaceutical ingredients (APIs), generic formulations and innovative drug candidates. CSPC is publicly traded in Hong Kong (HKEX: 1093) and maintains American Depositary Receipts on the OTC market (OTCMKTS: CSPCY), reflecting its dual focus on domestic market leadership and international visibility.

The company operates through three primary business segments: bulk pharmaceuticals, finished dosage forms and research-driven products.

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