MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) traded at a new 52-week high today of $34.60. Approximately 1.7 million shares have changed hands today, as compared to an average 30-day volume of 1.2 million shares.
MingZhu Logistics Holdings Ltd provides transportation and logistics services. The firm offers 3A-grade trucking services in China. It operates a self-owned truckload fleet with 132 tractors and 90 trailers. The firm’s transportation services are operated out of two terminals: Guangdong region, and Xinjiang region. The company’s customers primarily include sizeable logistics companies, freight forwarders, and warehouse operators. The firm derives its key revenue through the trucking service business.
In the past 52 weeks, MingZhu Logistics Holdings Limited share prices are bracketed by a low of $3.66 and a high of $34.60 and is now at $33.60, 818% above that low price.
Based on a current price of $33.60, MingZhu Logistics Holdings Limited is currently 9.5% above its average consensus analyst price target of $30.42.
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