Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF – Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 6,661,807 shares, a decline of 33.7% from the September 30th total of 10,045,945 shares. Based on an average daily trading volume, of 575 shares, the short-interest ratio is currently 11,585.8 days.
Analyst Ratings Changes
Separately, The Goldman Sachs Group cut Guangzhou Automobile Group to a “sell” rating in a report on Monday, August 31st. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, Guangzhou Automobile Group presently has a consensus rating of “Sell”.
View Our Latest Research Report on GNZUF
Guangzhou Automobile Group Stock Up 1.1%
OTCMKTS:GNZUF opened at $0.25 on Tuesday. Guangzhou Automobile Group has a one year low of $0.21 and a one year high of $0.56. The stock has a 50 day moving average price of $0.29 and a 200 day moving average price of $0.35.
Guangzhou Automobile Group Company Profile
Guangzhou Automobile Group Co, Ltd. (GAC Group) is a China-based automotive manufacturer headquartered in Guangzhou, Guangdong Province. Established in 1997, the company develops, manufactures and sells passenger vehicles, commercial vehicles, electric vehicles and related automotive components and services.
GAC Group operates through its own brands, including GAC Trumpchi for passenger vehicles and GAC Aion for new-energy vehicles. Its vehicle portfolio includes sedans, sport utility vehicles, multipurpose vehicles and electric models.
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