Dongfeng Motor Group Co. (OTCMKTS:DNFGY - Get Free Report)'s stock price rose 22.6% during trading on Friday . The stock traded as high as $58.75 and last traded at $58.75. Approximately 104 shares changed hands during mid-day trading, an increase of 556% from the average daily volume of 16 shares. The stock had previously closed at $47.91.
Wall Street Analysts Forecast Growth
Separately, Hsbc Global Res raised shares of Dongfeng Motor Group to a "strong-buy" rating in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Strong Buy".
Read Our Latest Stock Analysis on DNFGY
Dongfeng Motor Group Trading Up 22.6%
The business's fifty day moving average price is $45.70 and its 200-day moving average price is $32.43.
About Dongfeng Motor Group
(
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Dongfeng Motor Group Company Limited engages in the research, development, manufacture, and sale of commercial and passenger vehicles, engines, and other auto parts in the People's Republic of China. It operates in four segments: Commercial Vehicles, Passenger Vehicles, Financing Service, and Corporate and Others.
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