China Automotive Systems, Inc. (NASDAQ:CAAS) is set to release its earnings data before the market opens on Tuesday, March 28th. Analysts expect China Automotive Systems to post earnings of $0.19 per share for the quarter.
Shares of China Automotive Systems, Inc. (NASDAQ:CAAS) traded down 0.20% during midday trading on Monday, hitting $5.09. The stock had a trading volume of 78,198 shares. The firm has a 50 day moving average of $4.91 and a 200-day moving average of $4.90. The company has a market cap of $161.38 million, a P/E ratio of 6.97 and a beta of 2.53. China Automotive Systems, Inc. has a one year low of $3.10 and a one year high of $7.96.
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Separately, Zacks Investment Research lowered shares of China Automotive Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, January 10th.
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.
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