Zhongsheng Group (OTCMKTS:ZSHGY) Shares Down 9.9% – Here’s Why

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGYGet Free Report) traded down 9.9% during trading on Thursday . The company traded as low as $13.90 and last traded at $13.90. 143 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 1,203 shares. The stock had previously closed at $15.43.

Zhongsheng Group Price Performance

The company’s 50 day moving average price is $18.52 and its two-hundred day moving average price is $16.85.

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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