Sancon Resources Recovery (OTCMKTS:IGSC) Shares Down 2% – Time to Sell?

Sancon Resources Recovery Inc. (OTCMKTS:IGSC – Get Free Report)’s stock price traded down 2% on Tuesday. The company traded as low as $0.50 and last traded at $0.50. Approximately 100 shares changed hands during mid-day trading, an increase of 382% from the average session volume of 21 shares. The stock had previously closed at $0.51.

Sancon Resources Recovery Stock Performance

The stock has a 50-day moving average price of $1.09 and a 200-day moving average price of $1.08.

About Sancon Resources Recovery

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Sancon Resources Recovery, Inc is a recycling and resource-recovery company associated with the collection, processing and resale of recyclable materials. Its activities have focused on recovering value from discarded materials rather than manufacturing finished consumer products.

Publicly available company descriptions indicate that Sancon has operated in China and has handled materials such as scrap metals and other recyclable commodities. These materials may be collected from commercial, industrial and municipal sources, then sorted and processed for sale to downstream manufacturers and other recycling customers.

Detailed, current information about the company’s operating locations, management team, products and services is limited.

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