Xinyi Glass (OTCMKTS:XYIGF) Trading 10.5% Higher – Here’s Why

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) was up 10.5% on Wednesday . The stock traded as high as $1.05 and last traded at $1.05. Approximately 790 shares were traded during trading, a decline of 94% from the average daily volume of 12,340 shares. The stock had previously closed at $0.95.

Xinyi Glass Price Performance

The stock has a 50-day simple moving average of $1.05 and a 200-day simple moving average of $1.03.

Xinyi Glass Company Profile

Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass.