Zoomlion Heavy Industry Science and Technology (OTCMKTS:ZLIOY) Shares Up 7.4% – Time to Buy?

Zoomlion Heavy Industry Science and Technology Co., Ltd. (OTCMKTS:ZLIOY) shares shot up 7.4% on Tuesday . The stock traded as high as $14.62 and last traded at $13.96. 1,686 shares traded hands during trading, an increase of 34% from the average session volume of 1,255 shares. The stock had previously closed at $13.00.

Zoomlion Heavy Industry Science and Technology Stock Down 16.9%

The company has a fifty day moving average price of $10.34 and a 200-day moving average price of $9.29.

About Zoomlion Heavy Industry Science and Technology

Zoomlion Heavy Industry Science and Technology Co, Ltd. is a leading China-based manufacturer of construction machinery and sanitation equipment. Founded in 1992 and headquartered in Changsha, Hunan, the company has grown through the integration of multiple state-owned machinery factories to become one of the largest heavy equipment producers in Asia. Zoomlion is publicly traded on the Shanghai and Hong Kong stock exchanges, offering a range of products that serve both domestic and international markets.

Zoomlion’s product portfolio encompasses a broad spectrum of equipment for the construction and agricultural sectors, including concrete machinery, tower cranes, excavators, road rollers and earth-moving equipment.