Lee & Man Paper Manufacturing (OTCMKTS:LMPMY) Stock Price Down 6.1% – What’s Next?

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY)’s share price traded down 6.1% on Friday . The company traded as low as $3.70 and last traded at $3.70. 549 shares changed hands during trading, a decline of 55% from the average session volume of 1,216 shares. The stock had previously closed at $3.94.

Lee & Man Paper Manufacturing Stock Down 6.1%

The company has a 50-day moving average price of $4.12 and a two-hundred day moving average price of $4.11.

Lee & Man Paper Manufacturing Company Profile

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) is a Hong Kong–based integrated paper manufacturer specializing in containerboard, coated duplex board, pulp and other paper packaging products. The company’s primary business activities include the production and sale of corrugated packaging materials, paperboard for consumer goods, and wood pulp. Its product offerings are designed to serve a wide range of end markets, from e-commerce and fast-moving consumer goods to industrial packaging sectors.

With multiple production facilities concentrated in southern China, Lee & Man Paper has established a network of manufacturing bases across Guangdong, Guangxi and other provinces.