Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF – Get Free Report) shares rose 10% during mid-day trading on Thursday . The company traded as high as $0.33 and last traded at $0.33. Approximately 5,000 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 5,043 shares. The stock had previously closed at $0.30.
Guangzhou Automobile Group Price Performance
The stock has a fifty day moving average price of $0.39 and a 200-day moving average price of $0.45.
Guangzhou Automobile Group Company Profile
Guangzhou Automobile Group Co, Ltd. (GAC Group) is a state?owned Chinese automaker headquartered in Guangzhou, Guangdong Province. Established in 2000 with origins tracing back to vehicle manufacturing activities in the 1950s, GAC Group has grown into one of China’s leading automotive conglomerates. The company is publicly traded on the Shanghai and Hong Kong stock exchanges, and its American Depositary Shares trade over the counter under the ticker GNZUF.
GAC Group’s core business encompasses the design, development, manufacture and sale of passenger cars, commercial vehicles and auto parts.
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