Xinyi Glass (OTCMKTS:XYIGF) Shares Up 0.1% – Should You Buy?

Shares of Xinyi Glass Holdings Limited (OTCMKTS:XYIGFGet Free Report) rose 0.1% during trading on Monday . The stock traded as high as $0.92 and last traded at $0.92. Approximately 5,000 shares traded hands during mid-day trading, an increase of 292% from the average daily volume of 1,275 shares. The stock had previously closed at $0.92.

Analysts Set New Price Targets

Separately, Citigroup cut shares of Xinyi Glass from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 7th.

Get Our Latest Stock Report on XYIGF

Xinyi Glass Trading Up 0.1 %

The stock has a 50-day moving average price of $0.94 and a two-hundred day moving average price of $0.95.

Xinyi Glass Company Profile

(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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