China Auto Logistics (OTCMKTS:CALI) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

China Auto Logistics Inc. (OTCMKTS:CALI) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $50.50 and traded as low as $50.41. China Auto Logistics shares last traded at $50.44, with a volume of 123,090 shares traded.

China Auto Logistics Trading Up 0.0%

The business has a 50-day moving average price of $50.52 and a two-hundred day moving average price of $50.50.

China Auto Logistics Company Profile

China Auto Logistics Inc, together with its subsidiaries, sells and trades in imported automobiles in the People's Republic of China. It operates through Sales of Automobiles, Financing Services, and Other Services segments. The company also offers financing services, including letter of credit issuance, purchase deposit financing, and import duty advances services, as well as automobile value-added services comprising assistance related to customs clearance, storage, and delivery services. In addition, it provides Web-based advertising services through its Websites, such as at188.com that provides sales and trading information related to imported automobiles, as well as parts and components information; and at160.com, which offers real-time price comparison, and sales and trading information.