China Pacific Insurance (Group) (OTCMKTS:CHPXF) Shares Up 4.7% – Still a Buy?

China Pacific Insurance (Group) Co., Ltd. (OTCMKTS:CHPXF) rose 4.7% during trading on Wednesday . The stock traded as high as $4.03 and last traded at $4.03. Approximately 49,573 shares changed hands during trading, an increase of 24,687% from the average daily volume of 200 shares. The stock had previously closed at $3.85.

China Pacific Insurance (Group) Price Performance

The firm’s 50 day moving average price is $4.30 and its two-hundred day moving average price is $3.90.

China Pacific Insurance (Group) Company Profile

China Pacific Insurance (Group) Co, Ltd., together with its subsidiaries, provides insurance products to individual and institutional customers in the People's Republic of China. It operates through Life and Health Insurance, Property and Casualty Insurance, and Other Businesses segments. The company offers life, health, automobile, liability, agricultural, property, accident, and engineering insurance products; pension and annuity insurance products; investments with insurance funds, etc.; and reinsurance products.