China Automotive Systems Inc [CAAS] stock is trading at $4.45, up 6.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CAAS shares have gain 3.73% over the last week, with a monthly amount glided 3.49%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
China Automotive Systems Inc [NASDAQ: CAAS] stock has seen the most recent analyst activity on August 15, 2011, when Brean Murray downgraded its rating to a Hold. Previously, Maxim Group downgraded its rating to Hold on August 10, 2011. Oppenheimer reiterated its Outperform rating and decreased its price target to $15 on March 18, 2011. Rodman & Renshaw reiterated its recommendation of a Mkt Outperform and reduced its price target to $17 on January 31, 2011. Rodman & Renshaw reiterated a Mkt Outperform rating for this stock on August 10, 2010, and downed its price target to $23. In a note dated May 17, 2010, Oppenheimer initiated an Outperform rating and provided a target price of $25 on this stock.
China Automotive Systems Inc [CAAS] stock has fluctuated between $3.50 and $5.37 over the past year. China Automotive Systems Inc [NASDAQ: CAAS] shares were valued at $4.45 at the most recent close of the market.
Analyzing the CAAS fundamentals
China Automotive Systems Inc [NASDAQ:CAAS] reported sales of 696.27M for the trailing twelve months, which represents a growth of 11.12%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.26 points at the first support level, and at 4.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.59, and for the 2nd resistance point, it is at 4.74.
Ratios To Look Out For
For context, China Automotive Systems Inc’s Current Ratio is 1.40. Also, the Quick Ratio is 1.13, while the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 0.19, the price to book ratio is 0.37 and price to earnings (TTM) ratio is 4.58.
