Jiangsu Expressway (OTCMKTS:JEXYY) Trading Up 3.6% – Here’s Why

Shares of Jiangsu Expressway Co. (OTCMKTS:JEXYYGet Free Report) rose 3.6% on Wednesday . The company traded as high as $25.70 and last traded at $25.70. Approximately 848 shares changed hands during trading, an increase of 30,186% from the average daily volume of 3 shares. The stock had previously closed at $24.80.

Jiangsu Expressway Stock Performance

The firm’s 50 day simple moving average is $25.65 and its 200-day simple moving average is $25.06.

About Jiangsu Expressway

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Jiangsu Expressway Company Limited is a China-based infrastructure enterprise primarily engaged in the investment, development, operation and management of toll roads. Headquartered in Nanjing, Jiangsu Province, the company focuses on highway construction, maintenance and ancillary services designed to support regional transportation networks. It holds concessions for a portfolio of expressway projects, overseeing functions such as toll collection, traffic monitoring and road safety management.

The company’s core assets are concentrated within Jiangsu Province, one of China’s most economically dynamic regions.

Further Reading

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