China Automotive Systems (CAAS) Receives Media Sentiment Rating of 0.31

Headlines about China Automotive Systems (NASDAQ:CAAS) have trended positive recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded 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 0.31 on Accern’s scale. Accern also assigned media stories about the auto parts company an impact score of 50 out of 100, meaning that recent media coverage is somewhat likely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have impacted Accern’s scoring:

CAAS has been the subject of several research reports. Zacks Investment Research upgraded China Automotive Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. ValuEngine upgraded China Automotive Systems from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 16th.

China Automotive Systems (CAAS) opened at 4.71 on Wednesday. China Automotive Systems has a 52-week low of $3.51 and a 52-week high of $7.96. The firm has a market cap of $149.04 million, a price-to-earnings ratio of 6.73 and a beta of 2.22. The company’s 50-day moving average price is $4.82 and its 200-day moving average price is $4.88.

China Automotive Systems (NASDAQ:CAAS) last released its quarterly earnings data on Thursday, May 11th. The auto parts company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.01. China Automotive Systems had a net margin of 4.86% and a return on equity of 7.27%. The company had revenue of $119.31 million during the quarter, compared to the consensus estimate of $118.36 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. Analysts predict that China Automotive Systems will post $0.72 EPS for the current year.

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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)

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