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Xinyi Glass (OTCMKTS:XYIGF) Trading 6.9% Higher - Here's What Happened

Xinyi Glass logo with Industrials background
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Xinyi Glass Holdings Limited (OTCMKTS:XYIGF - Get Free Report) shares traded up 6.9% during trading on Wednesday . The stock traded as high as $1.02 and last traded at $1.02. 16,200 shares changed hands during mid-day trading, an increase of 342% from the average session volume of 3,662 shares. The stock had previously closed at $0.95.

Wall Street Analysts Forecast Growth

Separately, Citigroup cut Xinyi Glass from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 7th.

View Our Latest Research Report on Xinyi Glass

Xinyi Glass Price Performance

The stock's fifty day simple moving average is $0.94 and its two-hundred day simple moving average is $0.97.

About Xinyi Glass

(Get Free Report)

Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass.

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