Lee & Man Paper Manufacturing (OTCMKTS:LMPMF) Shares Up 5.7% – What’s Next?

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMFGet Free Report)’s share price was up 5.7% on Thursday . The company traded as high as $0.42 and last traded at $0.42. Approximately 4,400 shares traded hands during trading, a decline of 96% from the average daily volume of 102,200 shares. The stock had previously closed at $0.3974.

Lee & Man Paper Manufacturing Price Performance

The firm has a 50-day simple moving average of $0.32 and a 200 day simple moving average of $0.29.

About Lee & Man Paper Manufacturing

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Lee & Man Paper Manufacturing Limited is a Hong Kong–incorporated company primarily engaged in the production and sale of paperboard and pulp products. Since its establishment in 1994, the firm has grown into one of the leading containerboard producers in China, offering a range of packaging paper grades that serve the carton, corrugated board and packaging industries.

The company’s product portfolio includes linerboard, testliner, white-top linerboard, duplex board and coated duplex board, as well as both bleached and unbleached kraft pulp.

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