New China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report)’s share price shot up 16.8% on Monday . The company traded as high as $7.21 and last traded at $7.21. Approximately 1,300 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 3,400 shares. The stock had previously closed at $6.1710.
New China Life Insurance Stock Performance
The firm’s 50-day simple moving average is $6.58 and its 200 day simple moving average is $7.01.
New China Life Insurance Company Profile
New China Life Insurance Co, Ltd. (OTCMKTS:NWWCF) is a Beijing-based life insurance company established in 1996. As one of the leading insurers in the Chinese market, New China Life offers a diversified portfolio of life insurance, health insurance and accident insurance products designed to meet the protection and savings needs of individual and group customers.
The company’s product lineup spans traditional life protection policies, health and critical illness coverage, annuities and pension plans.
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