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Dongfeng Motor Group (OTCMKTS:DNFGY) Stock Crosses Above 50 Day Moving Average - Here's Why

Dongfeng Motor Group logo with Auto/Tires/Trucks background

Dongfeng Motor Group Company Limited (OTCMKTS:DNFGY - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.31 and traded as high as $16.37. Dongfeng Motor Group shares last traded at $16.37, with a volume of 1,092 shares trading hands.

Dongfeng Motor Group Price Performance

The company's 50 day moving average is $13.35 and its 200 day moving average is $16.13.

Dongfeng Motor Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, November 12th. Investors of record on Friday, September 13th will be paid a $0.266 dividend. The ex-dividend date of this dividend is Friday, September 13th.

About Dongfeng Motor Group

(Get Free Report)

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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