Fuyao Glass Industry Group (OTCMKTS:FYGGY) Shares Up 0.6% – Still a Buy?

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY – Get Free Report) rose 0.6% during trading on Monday. The stock traded as high as $1.80 and last traded at $1.79. 5,554 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 33,032 shares. The stock had previously closed at $1.78.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of Fuyao Glass Industry Group to a “neutral” rating in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, Fuyao Glass Industry Group presently has an average rating of “Hold”.

Check Out Our Latest Research Report on FYGGY

Fuyao Glass Industry Group Stock Performance

The firm has a fifty day moving average price of $1.82 and a two-hundred day moving average price of $1.90.

About Fuyao Glass Industry Group

(Get Free Report)

Fuyao Glass Industry Group Co, Ltd. is a China-based manufacturer of automotive glass and related products. The company supplies windshields, door glass, sidelites, sunroof glass, rear windows and other glass components for passenger vehicles, commercial vehicles and specialty vehicles. Its products are used in both original equipment manufacturing and the automotive replacement-glass market.

Founded in 1987, Fuyao has developed from a domestic Chinese glass producer into an international automotive-supply company.

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