China Auto Logistics (OTCMKTS:CALI) Stock Passes Above Fifty Day Moving Average – Here’s Why

Shares of China Auto Logistics Inc. (OTCMKTS:CALIGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $50.29 and traded as high as $50.40. China Auto Logistics shares last traded at $50.28, with a volume of 28,976 shares changing hands.

China Auto Logistics Trading Up 0.1 %

The firm has a 50 day simple moving average of $50.29.

China Auto Logistics Company Profile

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China Auto Logistics Inc, together with its subsidiaries, sells and trades in imported automobiles in the People's Republic of China. It operates through Sales of Automobiles, Financing Services, and Other Services segments. The company also offers financing services, including letter of credit issuance, purchase deposit financing, and import duty advances services, as well as automobile value-added services comprising assistance related to customs clearance, storage, and delivery services.

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