China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $0.40. China Techfaith Wireless Comm. Tech. shares last traded at $0.40, with a volume of 100 shares trading hands.
The firm’s 50-day moving average is $0.52 and its 200-day moving average is $0.83.
About China Techfaith Wireless Comm. Tech. (NASDAQ:CNTF)
China TechFaith Wireless Communication Technology Limited engages in the original design and development of specialized mobile handsets for consumers and enterprises in the People's Republic of China and internationally. It operates through Mobile Phone Business and Real Estate segments. The company offers handset design services through outsourcing of EMS providers who engage in assembly and manufacturing operations; and offer testing services of the assembled printed circuit boards, systems, and subsystems for Chinese mobile handset brand owners and international mobile handset brand owners.
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