Shimao Group (OTCMKTS:SIOPF) Stock Price Up 207.6% – Still a Buy?

Shimao Group Holdings Limited (OTCMKTS:SIOPFGet Free Report) shares shot up 207.6% during trading on Friday . The stock traded as high as $0.19 and last traded at $0.19. 1,000 shares traded hands during trading, a decline of 96% from the average session volume of 22,341 shares. The stock had previously closed at $0.06.

Shimao Group Stock Performance

The business’s fifty day moving average price is $0.06 and its two-hundred day moving average price is $0.06.

Shimao Group Company Profile

(Get Free Report)

Shimao Group Holdings Limited, an investment holding company, engages in the property development and investment business in the People’s Republic of China. The company develops and invests residential and commercial properties; and operates hotels and shopping malls. It is also involved in the trading of construction materials; management services; and property management activities.

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