China Medical System (OTCMKTS:CHSYF) Shares Up 75.6% – Still a Buy?

China Medical System Holdings Limited (OTCMKTS:CHSYFGet Free Report) shot up 75.6% during mid-day trading on Friday . The company traded as high as $1.64 and last traded at $1.64. 2,800 shares traded hands during mid-day trading, an increase of 282% from the average session volume of 733 shares. The stock had previously closed at $0.93.

China Medical System Price Performance

The stock’s 50 day moving average price is $0.94 and its 200-day moving average price is $0.94.

China Medical System Company Profile

(Get Free Report)

China Medical System Holdings Limited, an investment holding company, manufactures, sells, markets, and promotes pharmaceutical products in the People's Republic of China. The company's products include Plendil for the treatment of hypertension and stable angina pectoris; XinHuoSu for the treatment of acute heart failure; Deanxit for the treating mild-to-moderate depression, anxiety, and psychosomatic affections; Ursofalk for the treatment of cholesterol gallstones in the gallbladder, cholestatic liver disease, and biliary reflux gastritis; Salofalk for treating Ulcerative Colitis and Crohn's disease; Bioflor for the treatment of diarrhea; Combizym for dyspepsia; Augentropfen Stulln Mono eye drops to treat senile macula degeneration and asthenopia; and Hirudoid for blunt traumata with or without hematomas and superficial phlebitis insofar.

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