Hyundai Motor (OTCMKTS:HYMTF) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Hyundai Motor (OTCMKTS:HYMTFGet Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $51.00 and traded as low as $51.00. Hyundai Motor shares last traded at $51.00, with a volume of 702 shares traded.

Hyundai Motor Trading Down 7.4%

The company has a fifty day moving average price of $51.00 and a two-hundred day moving average price of $51.77.

About Hyundai Motor

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Hyundai Motor Company (OTCMKTS: HYMTF) is a South Korean multinational automaker known for designing, developing, manufacturing and selling a diverse range of vehicles. As a core member of the Hyundai Motor Group, it produces and distributes passenger cars, sport utility vehicles (SUVs), commercial trucks and buses. In addition to its automotive lineup, the company offers mobility and financial services aimed at enhancing customer experience and supporting vehicle sales.

Over the past several decades, Hyundai Motor has expanded its product portfolio to include eco-friendly models such as hybrids, battery electric vehicles and hydrogen fuel cell vehicles.

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