Shandong Molong Petroleum Machinery Reports Unusual A Share Price Movement

Shandong Molong Petroleum Machinery ( (HK:0568) ) just unveiled an update.

Shandong Molong Petroleum Machinery Company Limited experienced an unusual price movement in its A shares, with a deviation exceeding 20% over three consecutive trading days. The company’s board conducted a thorough verification and found no undisclosed material information or significant changes in its operations that could have affected the stock price. The Shenzhen Stock Exchange approved the cancellation of other risk warnings related to the company’s shares, leading to a change in the stock abbreviation and an adjustment in the daily price limit.

More about Shandong Molong Petroleum Machinery

Shandong Molong Petroleum Machinery Company Limited operates in the petroleum machinery industry, focusing on the production and supply of oilfield equipment and machinery. The company is incorporated in the People’s Republic of China and is listed on the Shenzhen Stock Exchange.

Average Trading Volume: 12,573,511

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.82B

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