Lee & Man Paper Manufacturing (OTCMKTS:LMPMY) Shares Up 5.3% – Still a Buy?

Shares of Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMYGet Free Report) shot up 5.3% on Tuesday . The company traded as high as $2.58 and last traded at $2.58. 173 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 1,190 shares. The stock had previously closed at $2.45.

Lee & Man Paper Manufacturing Price Performance

The stock has a 50 day simple moving average of $2.64 and a two-hundred day simple moving average of $2.85.

About Lee & Man Paper Manufacturing

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Lee & Man Paper Manufacturing Limited, an investment holding company, engages in the manufacture and trading of packaging papers, pulps, and tissue papers in the People's Republic of China, Vietnam, Malaysia, Macau, and Hong Kong. The company operates through Packaging Paper, Tissue Paper, and Pulp segments.

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