China Conch Venture (OTCMKTS:CCVTF) Trading Up 8.9% – Should You Buy?

China Conch Venture Holdings Limited (OTCMKTS:CCVTFGet Free Report) rose 8.9% during trading on Tuesday . The company traded as high as $1.02 and last traded at $1.02. 100 shares changed hands during mid-day trading, The stock had previously closed at $0.9363.

China Conch Venture Price Performance

The firm has a 50 day moving average price of $1.14 and a two-hundred day moving average price of $1.16.

About China Conch Venture

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China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.

Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.

Further Reading

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