Dongfeng Motor Group (OTCMKTS:DNFGY) Stock Passes Above Fifty Day Moving Average – Here’s Why

by · The Cerbat Gem

Dongfeng Motor Group Company Limited (OTCMKTS:DNFGYGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $15.93 and traded as high as $22.01. Dongfeng Motor Group shares last traded at $19.18, with a volume of 279 shares changing hands.

Dongfeng Motor Group Stock Down 16.8 %

The company has a fifty day simple moving average of $15.93 and a two-hundred day simple moving average of $15.62.

Dongfeng Motor Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, November 12th. Stockholders of record on Friday, September 13th were paid a dividend of $0.266 per share. The ex-dividend date of this dividend was Friday, September 13th.

About Dongfeng Motor Group

(Get Free Report)

Dongfeng Motor Group Company Limited engages in the research, development, manufacture, and sale of commercial and passenger vehicles, engines, and other auto parts in the People's Republic of China. It operates in four segments: Commercial Vehicles, Passenger Vehicles, Financing Service, and Corporate and Others.

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