Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY – Get Free Report) dropped 6.1% during mid-day trading on Friday . The company traded as low as $3.70 and last traded at $3.70. Approximately 549 shares were traded during trading, a decline of 55% from the average daily volume of 1,216 shares. The stock had previously closed at $3.94.
Lee & Man Paper Manufacturing Stock Performance
The business’s 50 day moving average price is $4.12 and its 200-day moving average price is $4.11.
About Lee & Man Paper Manufacturing
Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) is a Hong Kong–based integrated paper manufacturer specializing in containerboard, coated duplex board, pulp and other paper packaging products. The company’s primary business activities include the production and sale of corrugated packaging materials, paperboard for consumer goods, and wood pulp. Its product offerings are designed to serve a wide range of end markets, from e-commerce and fast-moving consumer goods to industrial packaging sectors.
With multiple production facilities concentrated in southern China, Lee & Man Paper has established a network of manufacturing bases across Guangdong, Guangxi and other provinces.
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