Qilian International Holding Group (NASDAQ:QLI) Shares Down 8.4%

Qilian International Holding Group Limited (NASDAQ:QLIGet Free Report) shares dropped 8.4% on Wednesday . The company traded as low as $4.24 and last traded at $4.36. Approximately 55,144 shares traded hands during mid-day trading, an increase of 115% from the average daily volume of 25,594 shares. The stock had previously closed at $4.76.

Qilian International Holding Group Stock Down 8.4 %

The business has a fifty day moving average of $3.76 and a two-hundred day moving average of $3.31.

About Qilian International Holding Group

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Qilian International Holding Group Limited manufactures and distributes active pharmaceutical ingredients (APIs), traditional Chinese medicine derivatives (TCMD), and other by-products in China. The company provides licorice products, including Gan Di Xin, an antitussive and expectorant medicine; Qilian Shan Licorice Extract, an ingredient for pharmaceutical companies to manufacture traditional licorice tablets; and Qilian Shan licorice liquid extract, a primary ingredient for medical preparation companies to produce compound licorice oral solutions.

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