Qilian International Holding Group Stock Scheduled to Reverse Split on Friday, June 21st (NASDAQ:QLI)

Qilian International Holding Group Limited (NASDAQ:QLIFree Report)’s stock is scheduled to reverse split before the market opens on Friday, June 21st. The 1-5 reverse split was announced on Friday, June 21st. The number of shares owned by shareholders will be adjusted after the market closes on Friday, June 21st.

Qilian International Holding Group Price Performance

Shares of QLI stock opened at $0.78 on Wednesday. The stock’s 50 day simple moving average is $0.73 and its 200 day simple moving average is $0.62. Qilian International Holding Group has a twelve month low of $0.36 and a twelve month high of $0.97.

About Qilian International Holding Group

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Qilian International Holding Group Limited manufactures and distributes active pharmaceutical ingredients (APIs), traditional Chinese medicine derivatives (TCMD), and other by-products in China. The company provides licorice products, including Gan Di Xin, an antitussive and expectorant medicine; Qilian Shan Licorice Extract, an ingredient for pharmaceutical companies to manufacture traditional licorice tablets; and Qilian Shan licorice liquid extract, a primary ingredient for medical preparation companies to produce compound licorice oral solutions.

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