China Information Technology (CNIT) Sees Large Volume Increase

China Information Technology, Inc. – (NASDAQ:CNIT) saw strong trading volume on Friday . 5,300,200 shares traded hands during mid-day trading, an increase of 191% from the previous session’s volume of 1,818,300 shares.The stock last traded at $2.02 and had previously closed at $1.57.

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About China Information Technology

China Information Technology, Inc (CNIT) is a leading Internet service company that provides integrated cloud-based solutions enabling innovation and smart living in the fields of new media, elevator safety management, education, etc. Through continuous innovation, CNIT is aiming to leverage its proprietary Cloud-Application-Terminal technology to level the competitive landscape in the new media industry and deliver value for its shareholders, employees, customers, and the community.

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