Jiangsu Expressway (OTCMKTS:JEXYY) Stock Price Up 8.7% – Time to Buy?

by · The Markets Daily

Jiangsu Expressway Co. (OTCMKTS:JEXYY – Get Free Report) rose 8.7% during mid-day trading on Monday. The company traded as high as $26.82 and last traded at $26.82. 362 shares were traded during trading, an increase of 361,900% from the average session volume of 0 shares. The stock had previously closed at $24.6650.

Jiangsu Expressway Stock Up 8.7%

The company has a 50 day moving average of $24.13 and a 200 day moving average of $25.02.

Jiangsu Expressway Company Profile

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Jiangsu Expressway Co, Ltd. develops, operates and manages toll expressways and bridges in Jiangsu Province, China. Its core business is the collection of tolls from vehicles using its road network, which supports transportation between major cities and industrial centers in the Yangtze River Delta.

The company’s assets include the Shanghai-Nanjing Expressway and other expressways and bridge facilities in Jiangsu. It also operates or participates in businesses related to its transportation infrastructure, including service areas, advertising and other ancillary services provided along or near its road network.

Jiangsu Expressway was established in 1992 and has been listed in Hong Kong since 1997.

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