JPMorgan Chase & Co. Downgrades China Yongda Automobiles Services (OTCMKTS:CYYHF) to Neutral

China Yongda Automobiles Services (OTCMKTS:CYYHF – Get Free Report) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Thursday, FlyOnTheWall reports.

China Yongda Automobiles Services Stock Performance

Shares of OTCMKTS CYYHF opened at $0.50 on Thursday. The business has a 50 day moving average price of $0.53 and a two-hundred day moving average price of $0.68. China Yongda Automobiles Services has a fifty-two week low of $0.45 and a fifty-two week high of $1.05.

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About China Yongda Automobiles Services

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China Yongda Automobiles Services Holdings Limited, an investment holding company, operates as a passenger vehicle retailer and service provider in the People's Republic of China. It operates through Passenger Vehicle Sales and Services and Automobile Operating Lease Services segments. The company focuses on luxury and ultra-luxury brands.

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