BAIC Motor (OTCMKTS:BCCMY) Shares Down 3.8% – Time to Sell?

BAIC Motor Co. Limited (OTCMKTS:BCCMYGet Free Report)’s share price dropped 3.8% on Thursday . The company traded as low as $2.50 and last traded at $2.50. Approximately 302 shares traded hands during trading, a decline of 71% from the average daily volume of 1,047 shares. The stock had previously closed at $2.60.

BAIC Motor Price Performance

The company’s fifty day moving average is $2.46 and its 200-day moving average is $2.59.

BAIC Motor Company Profile

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BAIC Motor Corporation Limited is a Chinese automotive manufacturer headquartered in Beijing. A subsidiary of Beijing Automotive Industry Holding Co, Ltd., the company focuses on the research, development, production and sales of passenger vehicles and automotive components.

BAIC Motor’s product portfolio includes sedans, SUVs and new energy vehicles (NEVs) marketed under its proprietary brands such as Beijing (formerly Senova) and Arcfox, the latter dedicated to premium electric models.

Further Reading

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