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China Auto Logistics (OTCMKTS:CALI) Stock Passes Above 200 Day Moving Average - Here's Why

China Auto Logistics logo with Retail/Wholesale background

Key Points

  • China Auto Logistics Inc. (OTCMKTS:CALI)'s stock price crossed above its 200-day moving average of $50.32, reaching a high of $50.64 during trading.
  • The stock last traded at $50.61 with a trading volume of 37,929 shares, indicating increased market activity.
  • The company specializes in selling and trading imported automobiles in China, offering various financing and value-added services related to the automotive industry.
  • Five stocks to consider instead of China Auto Logistics.

China Auto Logistics Inc. (OTCMKTS:CALI - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $50.32 and traded as high as $50.64. China Auto Logistics shares last traded at $50.61, with a volume of 37,929 shares traded.

China Auto Logistics Stock Up 0.0%

The stock has a 50 day moving average of $50.46 and a 200 day moving average of $50.32.

About China Auto Logistics

(Get Free Report)

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.

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