New China Life Insurance (OTCMKTS:NWWCF) Stock Price Up 9.1% – Still a Buy?

New China Life Insurance Company Ltd. (OTCMKTS:NWWCFGet Free Report) rose 9.1% on Thursday . The company traded as high as $8.6533 and last traded at $8.4750. Approximately 2,389 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 3,138 shares. The stock had previously closed at $7.7680.

New China Life Insurance Trading Down 1.3%

The business’s fifty day moving average is $7.28 and its 200-day moving average is $6.15.

About New China Life Insurance

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New China Life Insurance Co, Ltd. (OTCMKTS:NWWCF) is a Beijing-based life insurance company established in 1996. As one of the leading insurers in the Chinese market, New China Life offers a diversified portfolio of life insurance, health insurance and accident insurance products designed to meet the protection and savings needs of individual and group customers.

The company’s product lineup spans traditional life protection policies, health and critical illness coverage, annuities and pension plans.

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