Qilian International Holding Group (NASDAQ:QLI) Shares Up 6.9%

Qilian International Holding Group Limited (NASDAQ:QLIGet Rating) shares shot up 6.9% during trading on Friday . The stock traded as high as $1.30 and last traded at $1.24. 11,374 shares were traded during mid-day trading, an increase of 67% from the average session volume of 6,821 shares. The stock had previously closed at $1.16.

Qilian International Holding Group Price Performance

The firm has a 50-day moving average price of $1.04 and a 200 day moving average price of $1.25.

Qilian International Holding Group Company Profile

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Qilian International Holding Group Limited engages in the research, development, and production of active pharmaceutical ingredients (APIs), traditional Chinese medicine derivatives (TCMD), and other by-products in China. The company offers licorice products, including Gan Di Xin, an antitussive and expectorant medicine; Qilian Shan Licorice Extract, an ingredient for pharmaceutical companies to manufacture traditional licorice tablets; and Qilian Shan licorice liquid extract, a primary ingredient for medical preparation companies to produce compound licorice oral solutions.

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