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

Jiangsu Expressway Co. (OTCMKTS:JEXYY)’s stock price traded up 4.3% during mid-day trading on Tuesday . The company traded as high as $26.00 and last traded at $26.00. 110 shares were traded during trading, an increase of 1,900% from the average session volume of 6 shares. The stock had previously closed at $24.9250.

Wall Street Analyst Weigh In

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

Jiangsu Expressway Stock Up 4.3%

The company has a 50 day moving average price of $25.36 and a two-hundred day moving average price of $25.55.

About Jiangsu Expressway

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.