Xinyi Glass (OTCMKTS:XYIGF) Trading Up 6.9% – Should You Buy?

Xinyi Glass Holdings Limited (OTCMKTS:XYIGFGet Free Report)’s share price traded up 6.9% on Wednesday . The stock traded as high as $1.02 and last traded at $1.02. 16,200 shares traded hands during mid-day trading, an increase of 342% from the average session volume of 3,662 shares. The stock had previously closed at $0.95.

Wall Street Analyst Weigh In

Separately, Citigroup lowered Xinyi Glass from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 7th.

Read Our Latest Report on XYIGF

Xinyi Glass Stock Performance

The business’s 50 day moving average price is $0.94 and its 200 day moving average price is $0.97.

About Xinyi Glass

(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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