BAIC Motor (OTCMKTS:BCCMY) Stock Price Down 36.8% – Should You Sell?

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

BAIC Motor Stock Performance

The company’s 50 day moving average price is $1.13 and its 200 day moving average price is $1.60.

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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