Guangzhou Automobile Group (OTCMKTS:GNZUF) Shares Down 0.5% – Should You Sell?

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUFGet Free Report)’s stock price traded down 0.5% on Tuesday . The company traded as low as $0.2419 and last traded at $0.2625. 23,000 shares changed hands during trading, an increase of 351% from the average daily volume of 5,098 shares. The stock had previously closed at $0.2639.

Guangzhou Automobile Group Price Performance

The company’s fifty day moving average is $0.32 and its two-hundred day moving average is $0.41.

About Guangzhou Automobile Group

(Get Free Report)

Guangzhou Automobile Group Co, Ltd. (GAC Group) is a state‐owned Chinese automaker headquartered in Guangzhou, Guangdong Province. Established in 2000 with origins tracing back to vehicle manufacturing activities in the 1950s, GAC Group has grown into one of China’s leading automotive conglomerates. The company is publicly traded on the Shanghai and Hong Kong stock exchanges, and its American Depositary Shares trade over the counter under the ticker GNZUF.

GAC Group’s core business encompasses the design, development, manufacture and sale of passenger cars, commercial vehicles and auto parts.

Further Reading

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