Brilliance China Automotive (OTCMKTS:BCAUY) Stock Price Up 2.2% – Should You Buy?

Shares of Brilliance China Automotive Holdings Limited (OTCMKTS:BCAUYGet Free Report) were up 2.2% during trading on Friday . The company traded as high as $4.80 and last traded at $4.60. 2,100 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 5,787 shares. The stock had previously closed at $4.50.

Brilliance China Automotive Stock Performance

The firm’s 50-day simple moving average is $4.60 and its two-hundred day simple moving average is $4.60.

About Brilliance China Automotive

(Get Free Report)

Brilliance China Automotive Holdings Limited is an automobile manufacturer and investment holding company with operations focused primarily on the Chinese automotive market. The company’s principal business activities include the manufacture and sale of BMW vehicles in China through its joint venture, BMW Brilliance Automotive, as well as the production and sale of light-duty minibuses and related automotive components.

BMW Brilliance Automotive operates vehicle production facilities in China and manufactures a range of BMW passenger vehicles, including sedans, sport utility vehicles and electric models, for the domestic market.

Further Reading

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