BAIC Motor (OTCMKTS:BCCMY) Stock Price Up 15.2% – Here’s Why

Shares of BAIC Motor Co. Limited (OTCMKTS:BCCMYGet Free Report) shot up 15.2% during trading on Friday . The stock traded as high as $2.96 and last traded at $2.96. 101 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 594 shares. The stock had previously closed at $2.57.

BAIC Motor Price Performance

The firm’s 50-day moving average is $2.56 and its two-hundred day moving average is $2.58.

BAIC Motor Company Profile

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BAIC Motor Corporation Limited, together with its subsidiaries, research, develops, manufactures, sells, and after-sale services passenger vehicles in the People’s Republic of China. The company also provides engines, powertrain, power batteries, transmissions, new energy reducers, and other parts. In addition, it engages in car financing; and project investment and investment management.

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