Brilliance China Automotive (OTCMKTS:BCAUY) Rating Lowered to Sell at Zacks Investment Research

Brilliance China Automotive (OTCMKTS:BCAUY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday, Zacks.com reports.

According to Zacks, “Brilliance China Automotive Holdings Limited operates as an automotive manufacturer in China. The Company’s operating segments are divided primarily into the manufacture and sale of minibuses and automotive components. Its commercial vehicle brands include JinBei and Granse minibuses. The Group is also engaged in the manufacture of diesel engines and gasoline engines for use in minibuses, sedans, SUV and light duty trucks and automotive components. Brilliance China Automotive Holdings Limited is headquartered in Central, Hong Kong. “

Separately, ValuEngine cut Brilliance China Automotive from a “sell” rating to a “strong sell” rating in a research report on Monday, April 1st.

BCAUY opened at $10.96 on Tuesday. Brilliance China Automotive has a 1-year low of $6.89 and a 1-year high of $17.92. The company has a 50 day simple moving average of $10.08.

Brilliance China Automotive Company Profile

Brilliance China Automotive Holdings Limited, an investment holding company, manufactures and sells minibuses and automotive components in the People's Republic of China. The company offers its minibuses under the JinBei and Granse brands, as well as multi-purpose vehicles under the Huasong brand.

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