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China Auto Logistics (OTCMKTS:CALI) Stock Price Passes Below 200-Day Moving Average - Here's What Happened

China Auto Logistics logo with Retail/Wholesale background
Image from MarketBeat Media, LLC.

Key Points

  • China Auto Logistics (OTCMKTS:CALI) shares crossed below their 200-day moving average, trading as low as $50.53 and last at $50.55 versus the 200-day MA of $50.58, on volume of 49,153 shares.
  • The company sells and trades imported automobiles in China and offers financing services, customs clearance/storage/delivery support, and web-based advertising via sites like at188.com and at160.com.
  • MarketBeat previews top five stocks to own in May.

China Auto Logistics Inc. (OTCMKTS:CALI - Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $50.58 and traded as low as $50.53. China Auto Logistics shares last traded at $50.55, with a volume of 49,153 shares changing hands.

China Auto Logistics Stock Performance

The firm's 50 day moving average price is $50.61 and its 200-day moving average price is $50.58.

China Auto Logistics Company Profile

(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. In addition, it provides Web-based advertising services through its Websites, such as at188.com that provides sales and trading information related to imported automobiles, as well as parts and components information; and at160.com, which offers real-time price comparison, and sales and trading information.

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