Reported 3 months ago
Chang Ruiyi on July 17, 2024, reports that the stock of the communication company, Zhongqi (2419), has been on a steady rise since early July, reaching a new high in this phase with its recent closing price at 35.2 yuan. Technically, the stock price has crossed all short, medium, and long-term moving averages after rising above the yearly average on the 17th. With favorable price and volume synergies in the short term, it is set to challenge the previous high of 35.4 yuan. With improved June revenue of 973 million yuan and a focus on brand development, channel operation management, software service innovation, and customer service, Zhongqi's future prospects look promising under the group's operational strategy adjustments. Stay tuned for potential developments ahead.
Source: YAHOO