BAIC Motor (OTCMKTS:BCCMY) Stock Price Down 7.5% – Time to Sell?

BAIC Motor Co. Limited (OTCMKTS:BCCMYGet Free Report) shares fell 7.5% during mid-day trading on Tuesday . The company traded as low as $1.46 and last traded at $1.61. 11,500 shares changed hands during mid-day trading, an increase of 397% from the average session volume of 2,314 shares. The stock had previously closed at $1.74.

BAIC Motor Price Performance

The stock has a 50-day moving average price of $1.76 and a 200-day moving average price of $2.18.

BAIC Motor Company Profile

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BAIC Motor Corporation Limited is a Chinese automotive manufacturer headquartered in Beijing. A subsidiary of Beijing Automotive Industry Holding Co, Ltd., the company focuses on the research, development, production and sales of passenger vehicles and automotive components.

BAIC Motor’s product portfolio includes sedans, SUVs and new energy vehicles (NEVs) marketed under its proprietary brands such as Beijing (formerly Senova) and Arcfox, the latter dedicated to premium electric models.

Further Reading

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