Shares of Yangtze Optical Fibre And Cable Joint Stock Limited (OTCMKTS:YZOFF – Get Free Report) traded down 4.5% during mid-day trading on Tuesday. The company traded as low as C$21.73 and last traded at C$21.73. Approximately 105 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 1,545 shares. The stock had previously closed at C$22.76.
Yangtze Optical Fibre And Cable Joint Stock Price Performance
The company has a 50-day moving average price of C$19.86 and a 200 day moving average price of C$23.89.
About Yangtze Optical Fibre And Cable Joint Stock
Yangtze Optical Fibre And Cable Joint Stock Limited Company, also known as YOFC, is a China-based manufacturer of optical-fiber and cable products. The company produces optical-fiber preforms, optical fibers and fiber-optic cables used in telecommunications networks, broadband infrastructure and data communications.
YOFC also provides related products and services for fiber-to-the-home deployments, data centers, wireless communications and other connectivity applications. Its offerings include specialized cables, connectivity components and network solutions designed for use by telecommunications operators, equipment manufacturers and infrastructure providers.
The company was established in 1988 and is headquartered in Wuhan, China.
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