Fuyao Glass Industry Group (OTCMKTS:FYGGY) Stock Price Up 12.1% – Time to Buy?

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGYGet Free Report) rose 12.1% on Friday . The stock traded as high as $2.10 and last traded at $2.10. Approximately 15,095 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 43,692 shares. The stock had previously closed at $1.8725.

Fuyao Glass Industry Group Stock Performance

The stock has a 50-day moving average price of $1.98 and a 200 day moving average price of $2.11.

Fuyao Glass Industry Group Company Profile

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Fuyao Glass Industry Group Co, Ltd. is a leading China-based manufacturer of automotive and industrial glass products, operating as an over-the-counter traded company under the symbol FYGGY. Founded in 1987 and headquartered in Fuqing, Fujian Province, the company has grown from a domestic producer into a global supplier of safety and specialty glass solutions for original equipment manufacturers (OEMs) and the aftermarket.

The core products of Fuyao Glass include laminated and tempered automotive windshields, side and rear windows, sunroofs, and other specialty glazing components.

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