CIMC Enric (OTCMKTS:CIMEF) Shares Climb 6.8% – Here’s Why

CIMC Enric Holdings Limited (OTCMKTS:CIMEF – Get Free Report) traded up 6.8% during mid-day trading on Friday. The company traded as high as $0.9291 and last traded at $0.9291. Approximately 4,070 shares changed hands during trading, a decline of 42% from the average session volume of 7,035 shares. The stock had previously closed at $0.87.

CIMC Enric Stock Performance

The business has a 50-day moving average price of $0.90 and a 200 day moving average price of $1.03.

CIMC Enric Company Profile

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CIMC Enric Holdings Limited is a Hong Kong-listed provider of equipment and engineering services for the clean energy, chemical and environmental, and liquid food sectors. The company is part of China International Marine Containers (Group) Co, Ltd. and was established in 2004.

Its clean-energy business supplies equipment and solutions for natural gas and other energy applications, including storage and transportation equipment and facilities. In the chemical and environmental sector, CIMC Enric makes tank containers, pressure vessels, and process equipment.

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