Shares of China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF – Get Free Report) were down 3.4% on Friday . The company traded as low as $0.27 and last traded at $0.28. Approximately 50,000 shares changed hands during mid-day trading, an increase of 185% from the average daily volume of 17,538 shares. The stock had previously closed at $0.29.
China MeiDong Auto Stock Down 3.4 %
The stock has a fifty day moving average price of $0.30 and a two-hundred day moving average price of $0.28.
About China MeiDong Auto
China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services.
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