Xinyi Solar (OTCMKTS:XNYIF) Trading Down 9% – Time to Sell?

Shares of Xinyi Solar Holdings Limited (OTCMKTS:XNYIFGet Free Report) dropped 9% during trading on Wednesday . The stock traded as low as $0.40 and last traded at $0.40. Approximately 650 shares were traded during trading, a decline of 88% from the average daily volume of 5,450 shares. The stock had previously closed at $0.44.

Xinyi Solar Price Performance

The business has a fifty day moving average of $0.42 and a 200 day moving average of $0.43.

About Xinyi Solar

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Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People's Republic of China, rest of Asia, North America, Europe, and internationally. It operates in two segments, Sales of Solar Glass and Solar Farm Business. The company offers ultra-clear patterned solar glasses, back glasses, and anti-reflective coating solar glasses to photovoltaic module manufacturers.

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