China Pacific Insurance (Group) (OTCMKTS:CHPXF) Trading 84.8% Higher – Still a Buy?

China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) traded up 84.8% during mid-day trading on Thursday . The stock traded as high as $4.40 and last traded at $4.40. 100 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 540 shares. The stock had previously closed at $2.38.

China Pacific Insurance (Group) Price Performance

The firm’s 50-day moving average is $3.68 and its 200-day moving average is $3.54.

China Pacific Insurance (Group) Company Profile

China Pacific Insurance (Group) Co, Ltd., together with its subsidiaries, provides insurance products to individual and institutional customers in the People's Republic of China. It operates through Life and Health Insurance, Property and Casualty Insurance, and Other Businesses segments. The company offers life, health, automobile, liability, agricultural, property, accident, and engineering insurance products; pension and annuity insurance products; investments with insurance funds, etc.; and reinsurance products.