Zhongsheng Group (OTCMKTS:ZSHGY) Stock Price Down 1%

Shares of Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGYGet Rating) traded down 1% on Wednesday . The stock traded as low as $73.77 and last traded at $73.77. 460 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 1,736 shares. The stock had previously closed at $74.50.

The stock has a fifty day simple moving average of $67.78 and a 200-day simple moving average of $71.89.

The company also recently disclosed a dividend, which will be paid on Monday, July 25th. Stockholders of record on Monday, June 20th will be issued a dividend of $1.0241 per share. This represents a dividend yield of 1.39%. The ex-dividend date is Friday, June 17th.

About Zhongsheng Group (OTCMKTS:ZSHGY)

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

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