Dongfeng Motor Group (OTCMKTS:DNFGY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued on Wednesday.
According to Zacks, “Dongfeng Motor Group Company Limited is engaged in the manufacture and sale of commercial vehicles, passenger vehicles and auto engines and parts. The Company operates in three business segments: commercial vehicles segment, which manufactures and sells commercial vehicles, and the related engines and other automotive parts; passenger vehicles segment manufactures and sells passenger vehicles, and the related engines and other automotive parts, and corporate and others segment, which manufactures and sells other automobile related products. Dongfeng Motor Group Company Limited is headquartered in Hubei province, the Peoples’ Republic of China. “
Separately, ValuEngine raised shares of Dongfeng Motor Group from a “strong sell” rating to a “sell” rating in a report on Friday, November 23rd.
Shares of Dongfeng Motor Group stock traded down $1.43 during trading on Wednesday, hitting $50.08. The company’s stock had a trading volume of 174 shares, compared to its average volume of 1,567. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 4.15, a PEG ratio of 0.37 and a beta of 1.19. Dongfeng Motor Group has a 52 week low of $42.30 and a 52 week high of $67.87.
About Dongfeng Motor Group
Dongfeng Motor Group Company Limited manufactures and sells commercial vehicles, passenger vehicles, and auto engines and parts in the People's Republic of China. The company operates through four segments: Commercial Vehicles, Passenger Vehicles, Financing Service, and Corporate and Others. It provides commercial vehicles, including trucks and buses; passenger vehicles comprising basic passenger cars, MPVs, and SUVs; and electric vehicles, off-road vehicles, and special commercial vehicles.
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