Hyundai Motor (OTCMKTS:HYMTF) Shares Cross Above 50-Day Moving Average – Here’s Why

Hyundai Motor (OTCMKTS:HYMTFGet Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $51.00 and traded as high as $53.00. Hyundai Motor shares last traded at $51.00, with a volume of 702 shares changing hands.

Hyundai Motor Trading Down 7.4%

The stock has a fifty day moving average of $51.00 and a 200-day moving average of $51.98.

About Hyundai Motor

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Hyundai Motor Company (OTCMKTS: HYMTF) is a South Korean multinational automaker known for designing, developing, manufacturing and selling a diverse range of vehicles. As a core member of the Hyundai Motor Group, it produces and distributes passenger cars, sport utility vehicles (SUVs), commercial trucks and buses. In addition to its automotive lineup, the company offers mobility and financial services aimed at enhancing customer experience and supporting vehicle sales.

Over the past several decades, Hyundai Motor has expanded its product portfolio to include eco-friendly models such as hybrids, battery electric vehicles and hydrogen fuel cell vehicles.

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