Postal Savings Bank of China (OTCMKTS:PSTVY) Trading Down 7% – Time to Sell?

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) fell 7% on Tuesday . The company traded as low as $11.69 and last traded at $11.69. 154 shares changed hands during trading, a decline of 91% from the average session volume of 1,796 shares. The stock had previously closed at $12.56.

Postal Savings Bank of China Price Performance

The firm has a 50 day simple moving average of $11.61 and a 200-day simple moving average of $11.37.

About Postal Savings Bank of China

Postal Savings Bank of China Co, Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People’s Republic of China. It offers demand, time, personal call, time/demand optional, call, negotiated, and foreign currency deposits, as well as passbooks and certificate of deposits; micro and personal pledged, and personal business loans; business easy mix, agriculture aid plus, domestic remittance and exchange, payment and collection agency, check, promissory notes, bank and commercial draft, remittance, consignment collection, and collection with acceptance settlement services; debit and credit cards; cross-border remittance, personal exchange settlement and sale, and foreign currency exchange and deposit services; personal housing, auto, car, consumer, and personal education loans; wealth management products and funds; and insurance agency services.