BAIC Motor Co. Limited (OTCMKTS:BCCMY – Get Free Report) traded down 8.3% during mid-day trading on Thursday. The company traded as low as $0.8088 and last traded at $0.8088. 2,918 shares were traded during mid-day trading, an increase of 45% from the average daily volume of 2,006 shares. The stock had previously closed at $0.8821.
BAIC Motor Trading Down 8.3%
The stock’s 50-day simple moving average is $0.92 and its 200-day simple moving average is $1.50.
About BAIC Motor
BAIC Motor Corporation Limited is a China-based automobile manufacturer and a subsidiary of Beijing Automotive Group Co, Ltd. The company develops, manufactures and sells passenger vehicles, including sedans, sport utility vehicles and other light vehicles, as well as engines and related automotive components and services.
BAIC Motor operates through its own vehicle businesses and major joint ventures. Its principal operations have included Beijing-Benz Automotive Co, Ltd., which produces Mercedes-Benz passenger vehicles in China, and Beijing Hyundai Motor Co, Ltd., which manufactures Hyundai-branded vehicles for the Chinese market.
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