China Hongqiao Group Limited (OTCMKTS:CHHQF – Get Free Report) shares were down 4% during trading on Friday . The stock traded as low as $2.4250 and last traded at $2.4250. 614 shares were traded during mid-day trading, a decline of 97% from the average session volume of 17,808 shares. The stock had previously closed at $2.5250.
China Hongqiao Group Trading Down 4.0%
The stock’s 50 day moving average price is $3.84 and its 200 day moving average price is $4.32.
China Hongqiao Group Company Profile
China Hongqiao Group Limited is one of the world’s leading producers of primary aluminum and related products. The company operates an integrated production chain spanning bauxite mining, alumina refining, primary aluminum smelting and power generation. Leveraging access to low-cost hydroelectric power and in-house alumina capacity, Hongqiao has established a position as a cost-competitive supplier in the global aluminum market.
Founded in 1994 and headquartered in Binzhou, Shandong Province, China Hongqiao Group has grown through vertical integration and strategic expansion.
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