Xiaomi (OTCMKTS:XIACF) Trading 5.9% Higher – Should You Buy?

Xiaomi Co. (OTCMKTS:XIACFGet Free Report) shares were up 5.9% during trading on Friday . The stock traded as high as $5.54 and last traded at $5.51. Approximately 147,262 shares traded hands during trading, a decline of 30% from the average daily volume of 210,110 shares. The stock had previously closed at $5.20.

Xiaomi Stock Performance

The firm has a 50 day simple moving average of $4.37 and a two-hundred day simple moving average of $3.35.

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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