Zhongsheng Group Holdings Limited (OTCMKTS:ZSHGY – Get Free Report) shares traded up 7.6% during mid-day trading on Monday. The company traded as high as $3.26 and last traded at $3.22. 843 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 3,332 shares. The stock had previously closed at $2.9925.
Zhongsheng Group Trading Up 7.6%
The firm has a fifty day moving average price of $4.85 and a 200 day moving average price of $6.99.
About Zhongsheng Group
Zhongsheng Group Holdings Limited is a China-based automobile retailer and dealership operator. The company sells new vehicles through authorized dealerships for a range of international automotive brands, with a particular focus on premium and luxury marques such as Mercedes-Benz, Lexus and Audi, as well as selected mainstream brands.
In addition to new-vehicle sales, Zhongsheng provides automotive after-sales services, including maintenance, repairs, vehicle parts and accessories. Its business also includes used-vehicle sales and related services such as automobile financing and insurance brokerage, allowing it to serve customers throughout the vehicle ownership cycle.
Founded in 1998, Zhongsheng has developed a dealership and service network in major cities and regions across China.
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