Zhongsheng Group (OTCMKTS:ZSHGY) Trading 60% Higher

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGYGet Free Report) shares shot up 60% during mid-day trading on Monday . The company traded as high as $18.40 and last traded at $18.40. 3,500 shares traded hands during trading, a decline of 17% from the average session volume of 4,207 shares. The stock had previously closed at $11.50.

Zhongsheng Group Price Performance

The business’s fifty day moving average price is $13.22 and its 200 day moving average price is $16.25.

About Zhongsheng Group

(Get Free Report)

Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles in the People's Republic of China. The company operates 4S dealerships for various automobile brands consisting of luxury automobile brands, including Mercedes-Benz, Lexus, BMW, Audi, Jaguar Land Rover, Porsche, and Volvo; and mid-to-high end automobile brands, such as Toyota, Honda, and Nissan.

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