Ganfeng Lithium Group (OTCMKTS:GNENF) Shares Down 4.9%

Ganfeng Lithium Group Co., Ltd. (OTCMKTS:GNENFGet Rating) shares dropped 4.9% on Wednesday . The company traded as low as $6.53 and last traded at $6.53. Approximately 5,710 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 9,137 shares. The stock had previously closed at $6.87.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered Ganfeng Lithium Group from an “overweight” rating to a “neutral” rating in a report on Wednesday, March 29th.

Ganfeng Lithium Group Price Performance

The stock has a fifty day simple moving average of $6.51 and a two-hundred day simple moving average of $7.55.

Ganfeng Lithium Group Company Profile

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Ganfeng Lithium Group Co, Ltd. manufactures lithium chloride, lithium fluoride, lithium carbonate, lithium hydroxide and lithium magnesium alloy. Its products include lithium metal, battery grade, low sodium, catalyst grade, lithium fluoride, lithium rods, tablets, particles, battery grade lithium carbonate, lithium hydroxide, lithium chloride, anhydrous and battery grade lithium fluoride.

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