Lee & Man Paper Manufacturing (OTCMKTS:LMPMY) Trading Down 2.4% – Here’s What Happened

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMYGet Free Report) traded down 2.4% during mid-day trading on Friday . The stock traded as low as $4.00 and last traded at $4.00. 200 shares were traded during trading, a decline of 85% from the average session volume of 1,336 shares. The stock had previously closed at $4.10.

Lee & Man Paper Manufacturing Trading Down 2.4%

The company’s 50 day moving average price is $4.36 and its 200-day moving average price is $4.06.

Lee & Man Paper Manufacturing Company Profile

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Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) is a Hong Kong–based integrated paper manufacturer specializing in containerboard, coated duplex board, pulp and other paper packaging products. The company’s primary business activities include the production and sale of corrugated packaging materials, paperboard for consumer goods, and wood pulp. Its product offerings are designed to serve a wide range of end markets, from e-commerce and fast-moving consumer goods to industrial packaging sectors.

With multiple production facilities concentrated in southern China, Lee & Man Paper has established a network of manufacturing bases across Guangdong, Guangxi and other provinces.

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