Brilliance China Automotive (OTCMKTS:BCAUF) Trading Up 1.3% – Here’s What Happened

Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF) shares were up 1.3% on Thursday . The company traded as high as $0.5626 and last traded at $0.5626. Approximately 5,000 shares traded hands during trading, a decline of 1% from the average daily volume of 5,057 shares. The stock had previously closed at $0.5555.

Brilliance China Automotive Stock Performance

The stock has a 50-day moving average price of $0.51 and a 200-day moving average price of $0.48.

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.