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Xinyi Glass (OTCMKTS:XYIGF) Shares Gap Down - Here's Why

Xinyi Glass logo with Industrials background

Key Points

  • Xinyi Glass shares gapped down prior to trading on Tuesday, opening at $0.90 after a closing price of $1.03, marking a significant drop.
  • The stock experienced a drop of 12.2% in value, with a trading volume of 320 shares at the lower price.
  • Xinyi Glass operates in three segments: Float Glass, Automobile Glass, and Architectural Glass, while also providing additional automotive components and electronic glass.
  • Looking to export and analyze Xinyi Glass data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Xinyi Glass (OTCMKTS:XYIGF - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $1.03, but opened at $0.90. Xinyi Glass shares last traded at $0.90, with a volume of 320 shares changing hands.

Xinyi Glass Price Performance

The firm has a 50-day moving average price of $1.00 and a two-hundred day moving average price of $0.96.

About Xinyi Glass

(Get Free Report)

Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass.

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