Zhongsheng Group (OTCMKTS:ZSHGY) Stock Price Down 5.7% – Here’s Why

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGYGet Free Report)’s share price was down 5.7% on Wednesday . The company traded as low as $16.11 and last traded at $16.17. Approximately 200 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 225 shares. The stock had previously closed at $17.14.

Zhongsheng Group Trading Down 5.7 %

The firm’s 50-day moving average price is $19.41 and its 200-day moving average price is $16.49.

Zhongsheng Group Company Profile

(Get Free Report)

Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles in the People's Republic of China. The company operates 4S dealerships for various automobile brands consisting of luxury automobile brands, including Mercedes-Benz, Lexus, BMW, Audi, Jaguar Land Rover, Porsche, and Volvo; and mid-to-high end automobile brands, such as Toyota, Honda, and Nissan.

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