Zhongsheng Group (OTCMKTS:ZSHGY) Trading 0.8% Higher – Here’s What Happened

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGYGet Free Report)’s share price was up 0.8% during trading on Wednesday . The stock traded as high as $15.35 and last traded at $15.35. Approximately 322 shares changed hands during trading, an increase of 23% from the average daily volume of 261 shares. The stock had previously closed at $15.23.

Zhongsheng Group Price Performance

The stock has a fifty day simple moving average of $14.58 and a 200-day simple moving average of $16.60.

About Zhongsheng Group

(Get Free Report)

Zhongsheng Group Holdings Limited, incorporated in 1998 and headquartered in Beijing, is one of China’s leading automotive retail and services providers. The company operates a comprehensive network of dealerships and service centers, offering a one-stop solution for consumers in the premium and luxury vehicle segments. Since its initial public offering on the Hong Kong Stock Exchange in 2009, Zhongsheng has expanded steadily to become a prominent name in China’s automotive retail landscape.

The company’s core business encompasses the sale of new vehicles across a portfolio of international brands, including marquee names in the luxury and premium markets.

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