Lee & Man Paper Manufacturing (OTCMKTS:LMPMY) Shares Up 29.3% – Time to Buy?

by · The Cerbat Gem

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY – Get Free Report)’s stock price was up 29.3% on Wednesday . The stock traded as high as $4.85 and last traded at $4.85. Approximately 1,159 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 1,114 shares. The stock had previously closed at $3.75.

Lee & Man Paper Manufacturing Stock Performance

The company’s 50-day simple moving average is $3.83 and its 200 day simple moving average is $4.18.

Lee & Man Paper Manufacturing Company Profile

(Get Free Report)

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) is a Hong Kong–based integrated paper manufacturer specializing in containerboard, coated duplex board, pulp and other paper packaging products. The company’s primary business activities include the production and sale of corrugated packaging materials, paperboard for consumer goods, and wood pulp. Its product offerings are designed to serve a wide range of end markets, from e-commerce and fast-moving consumer goods to industrial packaging sectors.

With multiple production facilities concentrated in southern China, Lee & Man Paper has established a network of manufacturing bases across Guangdong, Guangxi and other provinces.

See Also