China Automotive Systems (CAAS) Given News Sentiment Score of 0.07

Media headlines about China Automotive Systems (NASDAQ:CAAS) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. China Automotive Systems earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the auto parts company an impact score of 45.9087986066901 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Several equities analysts have commented on the company. Zacks Investment Research downgraded China Automotive Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday. ValuEngine cut China Automotive Systems from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 22nd.

China Automotive Systems (CAAS) traded up 1.6386% during midday trading on Friday, hitting $5.3157. The stock had a trading volume of 43,150 shares. China Automotive Systems has a 1-year low of $3.72 and a 1-year high of $7.96. The firm has a 50-day moving average price of $5.36 and a 200-day moving average price of $5.01. The firm has a market capitalization of $168.21 million, a price-to-earnings ratio of 6.4826 and a beta of 2.19.

China Automotive Systems (NASDAQ:CAAS) last released its earnings results on Thursday, August 10th. The auto parts company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.14. The firm had revenue of $117.66 million during the quarter, compared to the consensus estimate of $106.74 million. China Automotive Systems had a return on equity of 8.30% and a net margin of 5.43%. During the same period in the prior year, the company posted $0.14 EPS. On average, equities research analysts anticipate that China Automotive Systems will post $0.86 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “China Automotive Systems (CAAS) Given News Sentiment Score of 0.07” was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this story on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this story can be read at https://www.tickerreport.com/banking-finance/2957865/china-automotive-systems-caas-given-news-sentiment-score-of-0-07.html.

China Automotive Systems Company Profile

China Automotive Systems, Inc, (China Automotive) is a holding company. The Company, through its subsidiary, Great Genesis Holdings Limited (Genesis), owns interests in over eight Sino-joint ventures and over five subsidiaries in the People’s Republic of China (PRC), which manufacture power steering systems and/or related products for various segments of the automobile industry.

Insider Buying and Selling by Quarter for China Automotive Systems (NASDAQ:CAAS)

Receive News & Ratings for China Automotive Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Automotive Systems Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.