Angang Steel (OTCMKTS:ANGGF) Trading Down 12.9% – Time to Sell?

Angang Steel Company Limited (OTCMKTS:ANGGFGet Free Report) dropped 12.9% during mid-day trading on Thursday . The stock traded as low as $0.2552 and last traded at $0.2552. Approximately 350 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 2,783 shares. The stock had previously closed at $0.2931.

Angang Steel Price Performance

The firm’s 50 day moving average price is $0.29 and its 200-day moving average price is $0.22.

About Angang Steel

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Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products.

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