China Natural Gas Inc. (CHNG.PK)

China Natural Gas Inc is located in China, and its principal business is Natural Gas Transmisison and Distribution. The company’s shares are listed on the Pink Sheets and the OTCBB under the symbols CHNG.PK and CHNG.OB, respectively. There are significant risks associated with investing in Pink Sheet stocks, we advise that any story you may have heard about this company be considered with extreme scrutiny. The company is listed on two exchanges. This may help trading activity

On Dec 31, 1969 the company's share price was $3.03. Presently the share price is 80.45 % lower than its 52 week high of $15.50. There are certain risks associated with the volatility of stocks in the under $10.00 price range. Take note that there is extra volatility associated with these types of investments. The price is hitting yearly lows, meaning the stock's performance has worsened. The situation calls for additional research before considering this stock. This stock has no liquidity issues, which makes the market for buying and selling a fair one.

The company issued some news recently. On Jan 05, 2009, China Natural Gas Inc announced the following news: " China Natural Gas Announces Acquisition of Lingbao Yuxi Natural Gas ". We are not sure how this news will affect the share price.