CIMC Enric (OTC:CIMEF) Trading Down 7.5% – Here’s What Happened

CIMC Enric Holdings Limited (OTC:CIMEF)’s share price fell 7.5% during mid-day trading on Tuesday . The company traded as low as $0.81 and last traded at $0.81. 27,140 shares traded hands during trading, an increase of 51% from the average session volume of 17,980 shares. The stock had previously closed at $0.88.

CIMC Enric Stock Performance

The company’s 50-day simple moving average is $0.82 and its 200 day simple moving average is $0.90.

CIMC Enric Company Profile

CIMC Enric Holdings Limited provides transportation, storage, and processing equipment for the clean energy, chemicals, environmental, and liquid food industries worldwide. Its Clean Energy segment manufactures and operates equipment for the storage, transportation, processing, and distribution of compressed natural gas and hydrogen trailers, seamless pressure cylinders, LPG trailers and storage tanks, liquefied petroleum gas tanks and trailers, natural gas and hydrogen refuelling station systems, and natural gas compressors; and offers engineering, procurement, and construction services for the natural gas and hydrogen industry, as well as internet of things intelligent operation and management platform under the Anjiehui brand.