Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY – Get Free Report)’s stock price dropped 21.1% during mid-day trading on Monday . The stock traded as low as $16.80 and last traded at $16.80. Approximately 4,032 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 3,752 shares. The stock had previously closed at $21.28.
Zhongsheng Group Stock Performance
The business’s 50 day moving average price is $19.48 and its 200-day moving average price is $16.53.
Zhongsheng Group Company Profile
Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles in the People's Republic of China. The company operates 4S dealerships for various automobile brands consisting of luxury automobile brands, including Mercedes-Benz, Lexus, BMW, Audi, Jaguar Land Rover, Porsche, and Volvo; and mid-to-high end automobile brands, such as Toyota, Honda, and Nissan.
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