Xiaomi (OTCMKTS:XIACF) Shares Up 6.7% – Should You Buy?

Xiaomi Co. (OTCMKTS:XIACFGet Free Report) shares rose 6.7% on Monday . The stock traded as high as $3.81 and last traded at $3.81. Approximately 35,782 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 118,359 shares. The stock had previously closed at $3.57.

Xiaomi Trading Up 6.7 %

The business has a 50-day simple moving average of $3.05 and a 200-day simple moving average of $2.54.

Xiaomi Company Profile

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Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products.

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