Brilliance China Automotive (OTCMKTS:BCAUF) Shares Down 19.3% – Time to Sell?

Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF – Get Free Report)’s share price was down 19.3% on Monday. The company traded as low as $0.2398 and last traded at $0.2398. 1,479 shares were traded during trading, a decline of 64% from the average daily volume of 4,148 shares. The stock had previously closed at $0.2972.

Analyst Upgrades and Downgrades

Separately, Citigroup downgraded shares of Brilliance China Automotive to a “neutral” rating in a report on Tuesday, August 25th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Brilliance China Automotive presently has an average rating of “Hold”.

Read Our Latest Stock Analysis on BCAUF

Brilliance China Automotive Price Performance

The business has a 50 day moving average price of $0.27 and a 200 day moving average price of $0.31.

Brilliance China Automotive Holdings Limited is a China-based automotive company with interests in vehicle manufacturing and automotive investment. The company has historically developed, manufactured and sold passenger vehicles and light commercial vehicles under the Brilliance and JinBei brands, serving the Chinese market through manufacturing, sales and distribution operations.

Brilliance China’s most significant business is its joint venture with BMW AG, BMW Brilliance Automotive Ltd.

Featured Articles

Receive News & Ratings for Brilliance China Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brilliance China Automotive and related companies with MarketBeat.com's FREE daily email newsletter.