Yulong Eco-Materials Limited – (NASDAQ:YECO) Stock Closed Much Higher Than Its 50 Day Average

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Shares last traded at $0.54 which is significantly above $0.32, the stock’s 50 day moving average and much higher than the 200 day moving average of $0.35. The 50 day moving average went up $0.22 or +67.1367% and the 200 day average was up $0.19. Trading volume for Yulong Eco-Materials Limited – was 1,492 on Tuesday. Shares saw a steep decrease in trading volume of 85.79% under the normal average daily volume.

Here are a few substantial investment firms who have updated their positions. As of the end of the quarter Kcg Holdings, Inc. had acquired 18 shares growing its position 0.1%. The value of the investment in Yulong Eco-Materials Limited – went from $13,000 to $13,000 a change of 0.0% quarter to quarter. As of quarter end Ubs Group Ag had sold a total of 4,302 shares trimming its holdings by 42.4%. The value of the total investment in Yulong Eco-Materials Limited – decreased from $9,000 to $3,000 a change of $6,000 for the reporting period.

Yulong Eco-Materials Limited, launched on March 10, 2011, is a holding company. The Company is a manufacturer of building products. The Business’s segments include Yulong Bricks; Yulong Concrete and Yulong Transport, and Yulong Renewable. The Yulong Bricks segment is involved in the production and sale of fly ash bricks. The Yulong Concrete and Yulong Transport segment is involved in the production and sale of ready-mixed concrete. The Yulong Renewable segment is involved in the hauling and processing of construction waste, and production and sales of recycled aggregates and recycled bricks. The Company operates principally from the city of Pingdingshan, Henan Province, in the People’s Republic of China..

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