China Hongqiao Group (OTCMKTS:CHHQF) Shares Up 38.7% – Should You Buy?

China Hongqiao Group Limited (OTCMKTS:CHHQFGet Free Report)’s share price was up 38.7% during trading on Thursday . The company traded as high as $2.26 and last traded at $2.26. Approximately 114,100 shares changed hands during trading, an increase of 537% from the average daily volume of 17,900 shares. The stock had previously closed at $1.63.

China Hongqiao Group Stock Performance

The stock has a 50 day simple moving average of $1.66 and a two-hundred day simple moving average of $1.69.

China Hongqiao Group Company Profile

(Get Free Report)

China Hongqiao Group Limited, an investment holding company, manufactures and sells aluminum products in the People's Republic of China and Indonesia. The company's products include molten aluminum alloys, aluminum alloy ingots, aluminum busbars, aluminum alloy processing, and alumina products.

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