Qilian International Holding Group (NASDAQ:QLI) Trading Down 6.1%

Qilian International Holding Group Limited (NASDAQ:QLIGet Free Report) shares were down 6.1% during mid-day trading on Thursday . The company traded as low as $5.41 and last traded at $5.41. Approximately 300 shares were traded during trading, a decline of 98% from the average daily volume of 16,459 shares. The stock had previously closed at $5.76.

Qilian International Holding Group Price Performance

The business has a 50 day simple moving average of $4.79 and a 200 day simple moving average of $3.81.

About Qilian International Holding Group

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Qilian International Holding Group Limited manufactures and distributes active pharmaceutical ingredients (APIs), traditional Chinese medicine derivatives (TCMD), and other by-products in China. The company provides licorice products, including Gan Di Xin, an antitussive and expectorant medicine; Qilian Shan Licorice Extract, an ingredient for pharmaceutical companies to manufacture traditional licorice tablets; and Qilian Shan licorice liquid extract, a primary ingredient for medical preparation companies to produce compound licorice oral solutions.

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