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MingZhu Logistics (NASDAQ:YGMZ) Trading Up 8.6% - Should You Buy?

MingZhu Logistics logo with Transportation background

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ - Get Free Report) shares were up 8.6% during trading on Friday . The company traded as high as $1.30 and last traded at $1.30. Approximately 801,945 shares traded hands during trading, an increase of 594% from the average daily volume of 115,572 shares. The stock had previously closed at $1.20.

MingZhu Logistics Trading Up 8.6%

The stock's 50-day moving average is $1.22 and its 200 day moving average is $0.98. The company has a current ratio of 1.00, a quick 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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