ReTo Eco-Solutions (NASDAQ:RETO) Trading Up 2.1%

ReTo Eco-Solutions, Inc. (NASDAQ:RETO – Get Rating)’s stock price rose 2.1% during trading on Tuesday . The stock traded as high as $0.76 and last traded at $0.74. Approximately 109,206 shares were traded during trading, a decline of 88% from the average daily volume of 886,887 shares. The stock had previously closed at $0.72.

The business has a 50-day simple moving average of $0.79 and a two-hundred day simple moving average of $1.07.

An institutional investor recently raised its position in ReTo Eco-Solutions stock. Renaissance Technologies LLC raised its stake in ReTo Eco-Solutions, Inc. (NASDAQ:RETO – Get Rating) by 147.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 499,150 shares of the company’s stock after buying an additional 297,347 shares during the period. Renaissance Technologies LLC owned approximately 1.81% of ReTo Eco-Solutions worth $574,000 as of its most recent filing with the SEC. 8.69% of the stock is currently owned by hedge funds and other institutional investors.

About ReTo Eco-Solutions (NASDAQ:RETO)

ReTo Eco-Solutions, Inc, together with its subsidiaries, manufactures and distributes construction materials primarily in China. Its products include aggregates, bricks, pavers, and tiles. The company's construction materials are used for water absorption, flood control, and water retention; for gardens, roads, bridges, city squares, retaining walls, and slope construction; for hydraulic ecological projects, such as slope protection and river transformation; and for insulation, decoration, and building walls.

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