New China Life Insurance (OTCMKTS:NWWCF) Trading 16.8% Higher – Time to Buy?

Shares of New China Life Insurance Company Ltd. (OTCMKTS:NWWCFGet Free Report) shot up 16.8% during trading on Monday . The stock traded as high as $7.21 and last traded at $7.21. 1,300 shares traded hands during trading, a decline of 62% from the average daily volume of 3,400 shares. The stock had previously closed at $6.1710.

New China Life Insurance Stock Down 0.4%

The stock has a 50 day moving average price of $6.59 and a two-hundred day moving average price of $7.01.

New China Life Insurance Company Profile

(Get Free Report)

New China Life Insurance Co, Ltd. (OTCMKTS:NWWCF) is a Beijing-based life insurance company established in 1996. As one of the leading insurers in the Chinese market, New China Life offers a diversified portfolio of life insurance, health insurance and accident insurance products designed to meet the protection and savings needs of individual and group customers.

The company’s product lineup spans traditional life protection policies, health and critical illness coverage, annuities and pension plans.

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