Zhongsheng Group (OTCMKTS:ZSHGY) Shares Down 13.4% – Here’s What Happened

Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGYGet Free Report) fell 13.4% during mid-day trading on Friday . The stock traded as low as $13.95 and last traded at $13.95. 111 shares were traded during trading, a decline of 90% from the average session volume of 1,164 shares. The stock had previously closed at $16.10.

Zhongsheng Group Price Performance

The business has a fifty day moving average of $16.87 and a 200-day moving average of $16.83.

Zhongsheng Group Company Profile

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

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