BAIC Motor Co. Limited (OTCMKTS:BCCMY – Get Free Report) dropped 7.5% on Tuesday . The company traded as low as $1.46 and last traded at $1.61. Approximately 11,500 shares were traded during trading, an increase of 397% from the average daily volume of 2,314 shares. The stock had previously closed at $1.74.
BAIC Motor Stock Performance
The stock has a 50 day moving average price of $1.76 and a two-hundred day moving average price of $2.18.
About BAIC Motor
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.
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