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MingZhu Logistics (NASDAQ:YGMZ) Stock Price Down 3.8% - What's Next?

MingZhu Logistics logo with Transportation background

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ - Get Free Report)'s share price was down 3.8% during mid-day trading on Monday . The stock traded as low as $0.71 and last traded at $0.74. Approximately 135,066 shares changed hands during mid-day trading, an increase of 63% from the average daily volume of 82,814 shares. The stock had previously closed at $0.77.

MingZhu Logistics Price Performance

The company's fifty day moving average price is $1.19 and its 200-day moving average price is $0.97. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.01.

About MingZhu Logistics

(Get Free Report)

MingZhu Logistics Holdings Limited, through its subsidiaries, provides trucking services in the People's Republic of China. The company also provides car-hailing and driver management services, and car owner services. It serves sizeable third-party logistics companies, freight forwarders, and warehouse operators, as well as other supply chain service providers.

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