Jiangsu Expressway (OTCMKTS:JEXYY) Trading Up 3.6% – Still a Buy?

Jiangsu Expressway Co. (OTCMKTS:JEXYY)’s stock price rose 3.6% during trading on Wednesday . The stock traded as high as $25.70 and last traded at $25.70. Approximately 848 shares were traded during mid-day trading, an increase of 30,186% from the average daily volume of 3 shares. The stock had previously closed at $24.80.

Jiangsu Expressway Stock Up 3.6%

The business has a fifty day moving average of $25.65 and a 200 day moving average of $25.06.

Jiangsu Expressway Company Profile

Jiangsu Expressway Company Limited is a China-based infrastructure enterprise primarily engaged in the investment, development, operation and management of toll roads. Headquartered in Nanjing, Jiangsu Province, the company focuses on highway construction, maintenance and ancillary services designed to support regional transportation networks. It holds concessions for a portfolio of expressway projects, overseeing functions such as toll collection, traffic monitoring and road safety management.

The company’s core assets are concentrated within Jiangsu Province, one of China’s most economically dynamic regions.