China Evergrande Group (OTCMKTS:EGRNF) Stock Price Down 7.7%

China Evergrande Group (OTCMKTS:EGRNFGet Rating)’s stock price traded down 7.7% during mid-day trading on Thursday . The stock traded as low as $0.12 and last traded at $0.12. 126,550 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 109,496 shares. The stock had previously closed at $0.13.

The firm has a 50 day moving average price of $0.16 and a 200-day moving average price of $0.19.

China Evergrande Group Company Profile (OTCMKTS:EGRNF)

China Evergrande Group, an investment holding company, primarily engages in the property development business in the People's Republic of China. It operates through four segments: Property Development, Property Investment, Property Management Services, and Other Businesses. It is involved in the development of residential properties, as well as other businesses, including property investment, property management, property construction, new energy vehicle, hotel operation, finance, internet, cultural tourism, and health businesses.

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