Zacks Research upgraded shares of Jiangsu Expressway (OTCMKTS:JEXYY – Free Report) to a hold rating in a research note released on Tuesday,Zacks.com reports.
Jiangsu Expressway Stock Performance
Jiangsu Expressway stock opened at $24.93 on Tuesday. The firm’s fifty day simple moving average is $25.42 and its 200-day simple moving average is $25.23. Jiangsu Expressway has a 1-year low of $22.25 and a 1-year high of $29.00.
Jiangsu Expressway Company Profile
Jiangsu Expressway Company Limited is a China-based infrastructure enterprise primarily engaged in the investment, development, operation and management of toll roads. Headquartered in Nanjing, Jiangsu Province, the company focuses on highway construction, maintenance and ancillary services designed to support regional transportation networks. It holds concessions for a portfolio of expressway projects, overseeing functions such as toll collection, traffic monitoring and road safety management.
The company’s core assets are concentrated within Jiangsu Province, one of China’s most economically dynamic regions.
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