Brilliance China Automotive (BCAUY) Lowered to “Sell” at Zacks Investment Research

Brilliance China Automotive (OTCMKTS:BCAUY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday, reports.

According to Zacks, “Brilliance China Automotive Holdings Limited operates as an automotive manufacturer in China. The Company’s operating segments are divided primarily into the manufacture and sale of minibuses and automotive components. Its commercial vehicle brands include JinBei and Granse minibuses. The Group is also engaged in the manufacture of diesel engines and gasoline engines for use in minibuses, sedans, SUV and light duty trucks and automotive components. Brilliance China Automotive Holdings Limited is headquartered in Central, Hong Kong. “

Separately, ValuEngine raised shares of Brilliance China Automotive from a “strong sell” rating to a “sell” rating in a research report on Friday, April 19th.

Shares of BCAUY traded down $0.52 during midday trading on Tuesday, hitting $8.80. The company had a trading volume of 613 shares, compared to its average volume of 1,283. Brilliance China Automotive has a 52 week low of $6.89 and a 52 week high of $20.08.

Brilliance China Automotive Company Profile

Brilliance China Automotive Holdings Limited, an investment holding company, manufactures and sells minibuses and automotive components in the People's Republic of China. The company offers its minibuses under the JinBei and Granse brands, as well as multi-purpose vehicles under the Huasong brand.

Read More: Price to Earnings Ratio (PE)

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