Xiaomi Co. (OTCMKTS:XIACF – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $3.76 and traded as high as $4.00. Xiaomi shares last traded at $3.8680, with a volume of 666,766 shares traded.
Xiaomi Trading Up 3.5%
The firm’s 50-day moving average is $3.37 and its two-hundred day moving average is $3.76.
About Xiaomi
Xiaomi Corporation is a China-based technology company that designs and sells consumer electronics, smart devices and related internet services. Its product portfolio includes smartphones, tablets, laptops, televisions, wearables, smart home equipment, networking products and other connected devices. Xiaomi also develops software and online services that support its device ecosystem.
Founded in 2010, Xiaomi has expanded from a smartphone-focused business into a broader consumer technology platform.
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