China Minsheng Banking (OTCMKTS:CGMBF) Trading Up 7.6% – Should You Buy?

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBFGet Free Report)’s stock price rose 7.6% during trading on Friday . The company traded as high as $0.41 and last traded at $0.41. Approximately 1,098,500 shares traded hands during mid-day trading, an increase of 4,156% from the average daily volume of 25,809 shares. The stock had previously closed at $0.38.

China Minsheng Banking Trading Up 7.6 %

The firm’s 50-day moving average is $0.33 and its two-hundred day moving average is $0.34.

China Minsheng Banking Company Profile

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China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People’s Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.

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