Brilliance China Automotive (OTCMKTS:BCAUF) Trading 7.9% Higher – What’s Next?

Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF) was up 7.9% during trading on Tuesday . The company traded as high as $0.5555 and last traded at $0.5555. Approximately 10,000 shares were traded during trading, an increase of 98% from the average daily volume of 5,057 shares. The stock had previously closed at $0.5148.

Brilliance China Automotive Price Performance

The stock’s 50-day moving average price is $0.48 and its 200 day moving average price is $0.46.

Brilliance China Automotive Holdings Ltd. is a leading Chinese automotive manufacturer headquartered in Shenyang, Liaoning Province. Established in 1992, the company is engaged in the design, development, production and sale of passenger vehicles and commercial vehicles. Through strategic alliances and proprietary research, Brilliance China Automotive offers a diverse portfolio of sedans, multi-purpose vehicles (MPVs), light trucks and buses, catering to a wide range of customers in both private and commercial sectors.

A cornerstone of Brilliance China Automotive’s operations is its joint venture with BMW, formed in 2003.