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MingZhu Logistics (NASDAQ:YGMZ) Trading Down 3.8% - Here's Why

MingZhu Logistics logo with Transportation background

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

MingZhu Logistics Stock Up 0.1%

The business's 50 day moving average price is $1.15 and its two-hundred day moving average price is $0.96. 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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