BAIC Motor (OTCMKTS:BCCMY) Shares Up 24.5% – Should You Buy?

BAIC Motor Co. Limited (OTCMKTS:BCCMYGet Free Report)’s stock price traded up 24.5% during mid-day trading on Thursday . The stock traded as high as $3.25 and last traded at $3.25. 5,000 shares changed hands during trading, an increase of 178% from the average session volume of 1,800 shares. The stock had previously closed at $2.61.

BAIC Motor Stock Performance

The firm has a fifty day simple moving average of $2.70 and a two-hundred day simple moving average of $2.58.

About BAIC Motor

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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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