New China Life Insurance (OTCMKTS:NWWCF) Stock Price Down 3% – Should You Sell?

Shares of New China Life Insurance Company Ltd. (OTCMKTS:NWWCFGet Free Report) traded down 3% during mid-day trading on Wednesday . The stock traded as low as $6.3730 and last traded at $6.3730. 694 shares changed hands during trading, a decline of 83% from the average session volume of 4,079 shares. The stock had previously closed at $6.5730.

New China Life Insurance Price Performance

The stock has a 50-day moving average price of $6.33 and a 200 day moving average price of $6.80.

About New China Life Insurance

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New China Life Insurance Co, Ltd. (OTCMKTS:NWWCF) is a Beijing-based life insurance company established in 1996. As one of the leading insurers in the Chinese market, New China Life offers a diversified portfolio of life insurance, health insurance and accident insurance products designed to meet the protection and savings needs of individual and group customers.

The company’s product lineup spans traditional life protection policies, health and critical illness coverage, annuities and pension plans.

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