China Hongqiao Group (OTCMKTS:CHHQF) Shares Up 28.1% – Here’s Why

China Hongqiao Group Limited (OTCMKTS:CHHQFGet Free Report)’s share price shot up 28.1% during mid-day trading on Friday . The stock traded as high as $2.05 and last traded at $2.05. 36,540 shares changed hands during trading, an increase of 238% from the average session volume of 10,800 shares. The stock had previously closed at $1.60.

China Hongqiao Group Stock Performance

The firm has a 50-day moving average price of $1.64 and a 200-day moving average price of $1.57.

China Hongqiao Group Company Profile

(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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