Shares of China Conch Venture Holdings Limited (OTCMKTS:CCVTF – Get Free Report) shot up 8.9% during trading on Tuesday . The company traded as high as $1.02 and last traded at $1.02. Approximately 100 shares traded hands during mid-day trading, The stock had previously closed at $0.9363.
China Conch Venture Stock Performance
The stock’s fifty day moving average is $1.13 and its two-hundred day moving average is $1.16.
About China Conch Venture
China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.
Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.
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