Separately, Zacks Investment Research lowered shares of Sorl Auto Parts from a buy rating to a hold rating in a report on Thursday, June 6th.
SORL stock opened at $3.28 on Tuesday. Sorl Auto Parts has a fifty-two week low of $1.77 and a fifty-two week high of $5.67. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $63.71 million, a P/E ratio of 2.67 and a beta of 2.46.
About Sorl Auto Parts
SORL Auto Parts, Inc, together with its subsidiaries, develops, manufactures, and distributes automotive brake systems and other safety related auto parts to automotive original equipment manufacturers and the related aftermarket in the People's Republic of China. It operates through two segments, Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems.
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