CSPC Pharmaceutical Group (OTCMKTS:CSPCY) Stock Price Down 0.4% – Here’s Why

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY – Get Free Report)’s share price fell 0.4% during mid-day trading on Monday. The stock traded as low as C$4.39 and last traded at C$4.45. Approximately 1,300 shares were traded during trading, a decline of 57% from the average session volume of 3,035 shares. The stock had previously closed at C$4.47.

CSPC Pharmaceutical Group Price Performance

The company has a 50 day simple moving average of C$4.67 and a 200 day simple moving average of C$4.29.

CSPC Pharmaceutical Group Company Profile

(Get Free Report)

CSPC Pharmaceutical Group is a China-based pharmaceutical company headquartered in Shijiazhuang, Hebei Province. The company researches, develops, manufactures and distributes finished pharmaceutical products and active pharmaceutical ingredients, serving hospitals, pharmacies and other healthcare channels.

Its product portfolio includes medicines for neurological, cardiovascular, oncology, anti-infective and other therapeutic areas. CSPC is known for products such as butylphthalide, used in the treatment of ischemic stroke, as well as oncology medicines, injectable therapies and a range of generic drugs.

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