Xinyi Glass (OTCMKTS:XYIGF) Trading Up 3.3% - Time to Buy?

Key Points

• Xinyi Glass shares rose by 3.3% to $1.08 on Friday, representing an increase from the previous close of $1.05.
• Trading volume for the stock surged by 314% compared to its average daily volume, with approximately 332 shares exchanged.
• Xinyi Glass Holdings Limited specializes in producing and selling automobile, construction, float, and other glass products across three segments.

Xinyi Glass (OTCMKTS:XYIGF - )'s share price was up 3.3% on Friday . The stock traded as high as $1.08 and last traded at $1.08. Approximately 332 shares changed hands during trading, an increase of 314% from the average daily volume of 80 shares. The stock had previously closed at $1.05.

Xinyi Glass Trading Up 3.3%

The company has a 50-day simple moving average of $1.01 and a two-hundred day simple moving average of $0.96.

About Xinyi Glass

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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