Shares of Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY – Get Free Report) shot up 0.7% on Monday. The company traded as high as $2.81 and last traded at $2.80. Approximately 771 shares were traded during trading, a decline of 75% from the average daily volume of 3,053 shares. The stock had previously closed at $2.78.
Zhongsheng Group Trading Up 0.7%
The business has a 50-day moving average price of $4.08 and a 200-day moving average price of $8.59.
About Zhongsheng Group
Zhongsheng Group Holdings Limited is an automotive retail and services company based in China. The group operates dealerships that sell new vehicles, primarily representing international luxury and premium brands such as Mercedes-Benz, BMW, Lexus and Audi, subject to its brand and dealership agreements.
In addition to new-vehicle sales, Zhongsheng provides a range of automotive services, including used-vehicle sales, vehicle maintenance and repair, replacement parts, automotive accessories, insurance and financing-related services.
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