NewMarket China, Inc. (OTCBB: NMCH) has been rated “Speculative Buy” with a target price of $1.10 by Beacon Equity Research.
The full report is available at http://www.BeaconEquityResearch.com. In the report, the analyst writes, “NewMarket China, Inc. is a US company headquartered in Dallas, TX, with its primary operations based in Shanghai, China.
The Company is a publicly-listed subsidiary of NewMarket Technology, Inc., and is a leader in the rapidly developing Chinese software and technology market. At its core, the Company is a systems integrator and value-added reseller of major global hardware brands in the Chinese domestic market and a provider of offshore software development and maintenance services to global customers.
Through these offshore services, NewMarket China helps foreign companies take advantage of China’s low cost, high quality software and technology development.
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