Lee & Man Paper Manufacturing (OTCMKTS:LMPMF) Shares Up 35.3% – Should You Buy?

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMFGet Free Report)’s stock price shot up 35.3% during mid-day trading on Monday . The company traded as high as $0.5376 and last traded at $0.5376. 2,226 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 102,200 shares. The stock had previously closed at $0.3974.

Lee & Man Paper Manufacturing Stock Performance

The stock’s 50 day moving average price is $0.42 and its two-hundred day moving average price is $0.42.

Lee & Man Paper Manufacturing Company Profile

(Get Free Report)

Lee & Man Paper Manufacturing Limited is a Hong Kong–incorporated company primarily engaged in the production and sale of paperboard and pulp products. Since its establishment in 1994, the firm has grown into one of the leading containerboard producers in China, offering a range of packaging paper grades that serve the carton, corrugated board and packaging industries.

The company’s product portfolio includes linerboard, testliner, white-top linerboard, duplex board and coated duplex board, as well as both bleached and unbleached kraft pulp.

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