Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF – Get Free Report) was down 11.2% on Tuesday. The company traded as low as $0.2892 and last traded at $0.2892. 100 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 5,058 shares. The stock had previously closed at $0.3255.
Analyst Ratings Changes
Separately, The Goldman Sachs Group downgraded Guangzhou Automobile Group to a “sell” rating in a research note on Monday, August 31st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on GNZUF
Guangzhou Automobile Group Stock Performance
About Guangzhou Automobile Group
Guangzhou Automobile Group Co, Ltd. (GAC Group) is a China-based automotive manufacturer headquartered in Guangzhou, Guangdong Province. Established in 1997, the company develops, manufactures and sells passenger vehicles, commercial vehicles, automotive components and related products and services.
GAC’s vehicle portfolio includes automobiles sold under its own brands, including Trumpchi, Aion and Hyptec. The company also operates joint ventures with international automakers, notably GAC Toyota and GAC Honda, which manufacture and market vehicles for the Chinese market.
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