Jiangsu Expressway (OTCMKTS:JEXYY) Trading 4.3% Higher – Time to Buy?

Jiangsu Expressway Co. (OTCMKTS:JEXYYGet Free Report)’s share price rose 4.3% during trading on Tuesday . The company traded as high as $26.00 and last traded at $26.00. Approximately 110 shares were traded during trading, an increase of 1,900% from the average daily volume of 6 shares. The stock had previously closed at $24.9250.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Jiangsu Expressway to a “hold” rating in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on Jiangsu Expressway

Jiangsu Expressway Trading Up 4.3%

The company has a fifty day simple moving average of $25.36 and a 200-day simple moving average of $25.55.

Jiangsu Expressway Company Profile

(Get Free Report)

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.

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