Zhongsheng Group (OTCMKTS:ZSHGY) Stock Price Down 13.4% – Should You Sell?

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGYGet Free Report)’s stock price was down 13.4% during mid-day trading on Friday . The company traded as low as $13.95 and last traded at $13.95. Approximately 111 shares traded hands during trading, a decline of 90% from the average daily volume of 1,164 shares. The stock had previously closed at $16.10.

Zhongsheng Group Trading Down 13.4%

The stock’s 50-day moving average is $16.87 and its 200-day moving average is $16.83.

Zhongsheng Group Company Profile

(Get Free Report)

Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles in the People's Republic of China. The company operates 4S dealerships for various automobile brands consisting of luxury automobile brands, including Mercedes-Benz, Lexus, BMW, Audi, Jaguar Land Rover, Porsche, and Volvo; and mid-to-high end automobile brands, such as Toyota, Honda, and Nissan.

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