Dongfeng Motor Group (OTCMKTS:DNFGY) Shares Gap Down – Here’s What Happened

Dongfeng Motor Group Co. (OTCMKTS:DNFGYGet Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $63.00, but opened at $58.50. Dongfeng Motor Group shares last traded at $58.50, with a volume of 161 shares traded.

Analyst Ratings Changes

Separately, Hsbc Global Res raised Dongfeng Motor Group to a “strong-buy” rating in a research note on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Strong Buy”.

Get Our Latest Analysis on Dongfeng Motor Group

Dongfeng Motor Group Stock Down 7.1%

The firm’s fifty day simple moving average is $57.24 and its 200-day simple moving average is $39.04.

About Dongfeng Motor Group

(Get Free Report)

Dongfeng Motor Group Company Limited engages in the research, development, manufacture, and sale of commercial and passenger vehicles, engines, and other auto parts in the People's Republic of China. It operates in four segments: Commercial Vehicles, Passenger Vehicles, Financing Service, and Corporate and Others.

Further Reading

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