China Hongqiao Group (OTCMKTS:CHHQF) Stock Price Up 38.7% – Still a Buy?

Shares of China Hongqiao Group Limited (OTCMKTS:CHHQFGet Free Report) shot up 38.7% on Thursday . The stock traded as high as $2.26 and last traded at $2.26. 114,100 shares changed hands during trading, an increase of 537% from the average session volume of 17,900 shares. The stock had previously closed at $1.63.

China Hongqiao Group Trading Up 38.7%

The firm has a 50-day moving average of $1.66 and a two-hundred day moving average of $1.69.

About China Hongqiao Group

(Get Free Report)

China Hongqiao Group Limited, an investment holding company, manufactures and sells aluminum products in the People's Republic of China and Indonesia. The company's products include molten aluminum alloys, aluminum alloy ingots, aluminum busbars, aluminum alloy processing, and alumina products.

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