BAIC Motor (OTCMKTS:BCCMY) Trading Down 36.8% – Here’s What Happened

BAIC Motor Co. Limited (OTCMKTS:BCCMYGet Free Report) fell 36.8% during mid-day trading on Monday . The stock traded as low as $0.98 and last traded at $0.98. 620 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 2,590 shares. The stock had previously closed at $1.55.

BAIC Motor Stock Performance

The stock has a 50-day moving average price of $1.13 and a 200 day moving average price of $1.59.

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.

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