HSBC upgraded shares of CIMC Enric (OTC:CIMEF – Get Rating) from a hold rating to a buy rating in a report issued on Wednesday morning, The Fly reports.
CIMC Enric Price Performance
CIMC Enric stock opened at $1.10 on Wednesday. The company has a 50 day moving average price of $1.00 and a 200-day moving average price of $1.01. CIMC Enric has a fifty-two week low of $0.87 and a fifty-two week high of $1.24.
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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 trailers, seamless pressure cylinders, liquefied natural gas trailers and storage tanks, liquefied petroleum gas tanks and trailers, natural gas refuelling station systems, and natural gas compressors; and offers engineering, procurement, and construction services for the natural gas industry, as well as internet of things intelligent operation and management platform under the Anjiehui brand.Read More
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