Dongfeng Motor Group (OTCMKTS:DNFGY) Shares Gap Down – Should You Sell?

Dongfeng Motor Group Co. (OTCMKTS:DNFGY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $58.50, but opened at $57.10. Dongfeng Motor Group shares last traded at $57.10, with a volume of 116 shares.

Dongfeng Motor Group Stock Performance

The company has a 50-day moving average of $59.63 and a two-hundred day moving average of $46.63.

Dongfeng Motor Group Company Profile

Dongfeng Motor Group Company Limited is one of China’s leading automotive manufacturers, principally engaged in the production and sale of passenger vehicles, commercial vehicles, engines and automotive components. Incorporated in December 2003 and headquartered in Wuhan, Hubei Province, the company was formed as a listed arm of the state-owned Dongfeng Motor Corporation to attract overseas investment and support global expansion. It has been traded on the Hong Kong Stock Exchange since 2005 and is also available to U.S.