Guangzhou Automobile Group (OTCMKTS:GNZUF) Trading Up 2.9% – Still a Buy?

by · The Cerbat Gem

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUFGet Free Report) rose 2.9% during trading on Monday . The stock traded as high as $0.46 and last traded at $0.46. Approximately 1,000 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 8,690 shares. The stock had previously closed at $0.45.

Guangzhou Automobile Group Stock Performance

The stock’s fifty day moving average is $0.40 and its 200 day moving average is $0.37.

Guangzhou Automobile Group Company Profile

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Guangzhou Automobile Group Co, Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of vehicles and motorcycles, and parts and components; and provision of commercial and financial services in Mainland China and internationally. The company operates through two segments, Vehicles and Related Operations, and Others.

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